Federal Communications Commission

Cambium Networks Reports First Quarter 2024 Financial Results

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星期四, 五月 9, 2024
Supplement, Average cost, FCC, Conference, Cambium Networks, Archive, Enterprise, Telephone, Federal Communications Commission, Calendar, GAAP, Growth, Video game

GAAP gross margin for the first quarter 2024 was 20.5%, compared to 51.2% for the first quarter 2023, and (27.4%) for the fourth quarter 2023.

Key Points: 
  • GAAP gross margin for the first quarter 2024 was 20.5%, compared to 51.2% for the first quarter 2023, and (27.4%) for the fourth quarter 2023.
  • GAAP operating loss for the first quarter 2024 was $21.0 million, compared to operating income of $5.6 million for the first quarter 2023, and operating loss of $41.6 million for the fourth quarter 2023.
  • Non-GAAP operating loss for the first quarter 2024 was $16.7 million, compared to non-GAAP operating income of $9.4 million for the first quarter 2023, and a non-GAAP operating loss of $36.4 million for the fourth quarter 2023.
  • Cambium Networks' financial outlook does not include the potential impact of any possible future financial transactions, acquisitions, pending legal matters, or other transactions.

NextNav Inc. Reports First Quarter 2024 Results

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星期三, 五月 8, 2024
Sale, PNT, Investment, FCC, NN, 3D, Balance sheet, Federal, County, ID, NextNav, Federal Communications Commission, Superior court, Internet service provider

MCLEAN, Va., May 08, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported financial results for NextNav’s first quarter ended March 31, 2024.

Key Points: 
  • Filed Rulemaking Petition with FCC on April 16, 2024
    MCLEAN, Va., May 08, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported financial results for NextNav’s first quarter ended March 31, 2024.
  • Mariam Sorond, NextNav's CEO stated, “NextNav is off to an exciting start to the year.
  • Three Months Ended March 31, 2024 Financial Highlights
    Revenue: was $1.0 million in the three months ended March 31, 2024, as compared to $830,000 in the prior year period.
  • NextNav will host a conference call for analysts and investors at 5:00 pm ET on Wednesday, May 8, 2024.

Wilson Sonsini Continues Antitrust and Competition Expansion With the Return of Jamillia Ferris and Matthew McDonald

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星期三, 五月 8, 2024
Consulting, Other Professional Services, Legal, Professional Services, Karma, EBay, Sale, Federal Trade Commission, University, FTC, Police, DeepMap, Georgetown University Law Center, Columbia Law School, FCC, Economics, Barack Obama, Thoma Bravo, Private law, DOJ, Time Warner Cable, Freshfields Bruckhaus Deringer, Trump, Acquisition, Telecommunications, Commissioner, Take Two, Intuit, Assistant, Zynga, Multimedia, NeoPhotonics Corporation, Credit Karma, US Foods, Federal Communications Commission, DIRECTV

Ferris will be one of two co-leaders of Wilson Sonsini’s antitrust and competition practice, along with former FTC Acting Chair and Commissioner Maureen Ohlhausen , who joined the firm in January 2024.

Key Points: 
  • Ferris will be one of two co-leaders of Wilson Sonsini’s antitrust and competition practice, along with former FTC Acting Chair and Commissioner Maureen Ohlhausen , who joined the firm in January 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240508855303/en/
    Ferris and McDonald were most recently at Freshfields Bruckhaus Deringer, where Ferris was a partner and head of the U.S. antitrust, competition, and trade practice.
  • McDonald was counsel in Freshfields’ U.S. antitrust, competition, and trade practice.
  • I’m excited to play a pivotal role in driving the practice forward.”
    The return of Ferris and McDonald follows the addition of two other antitrust partners earlier this year.

Globalstar Announces First Quarter 2024 Financial Results and Operational Updates

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星期三, 五月 8, 2024
Technology, Finance, Entertainment, Satellite, Banking, Accounting, Telecommunications, Professional Services, Mobile Entertainment, Networks, SpaceX, GSAT, Ecosystem, Duplex, Risk, Commercial, FCC, MDA, ARPU, Wi-Fi, Webcast, Human, Federal, Public expenditure, Pressure, SPOT, RAN, MFC, Adjustment, XCOM, POC, ID, Government, Federal Communications Commission, File, GAAP, Hertz

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the first quarter ended March 31, 2024.
  • Service revenue increased $0.5 million during the first quarter of 2024 from the first quarter of 2023.
  • Loss from operations was $4.7 million during the first quarter of 2024, compared to income from operations of $7.2 million during the first quarter of 2023.
  • Net loss was $13.2 million for the first quarter of 2024, compared to net loss of $3.5 million for the first quarter of 2023.

Airgain’s 5G LanternTM Wireless Device Certified for Use by Top Mobile Operators

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星期二, 五月 7, 2024
Technology, Mobile, Wireless, Telecommunications, Consumer Electronics, PTCRB, Internet, AT&T, FCC, Federal, CPE, FWA, T-Mobile, Federal Communications Commission, Mobile phone

Airgain, Inc. (NASDAQ: AIRG) , a leading provider of wireless connectivity solutions, has been certified by top mobile network operators and industry bodies for its LanternTM device for use in the United States and Canada.

Key Points: 
  • Airgain, Inc. (NASDAQ: AIRG) , a leading provider of wireless connectivity solutions, has been certified by top mobile network operators and industry bodies for its LanternTM device for use in the United States and Canada.
  • Mobile operators AT&T and T-Mobile have now certified LanternTM on their respective networks, and industry bodies - the Federal Communications Commission (FCC), PCS Type Certification Review Board (PTCRB), and Industry Canada (IC) - have also approved the solution, allowing it to be sold across North America.
  • Service providers and systems integrators will also have remote management capability through a TR-069 cloud interface.
  • Lance Laing, Airgain’s Vice President of US Sales, said: “LanternTM 5G Outdoor FWA delivers a high-performance, rugged, simplified installation, and cost effective solution for 5G connectivity in small to large enterprise, rural, and residential applications.”
    Airgain’s outdoor 5G LanternTM fixed wireless access (FWA) is available for purchase.

Gogo Announces First Quarter Results

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星期二, 五月 7, 2024
Pandemic, Risk, FCC, ARPU, Capital expenditure, Secure, Infection, ID, GAAP, Aviation, ATG, Software, Attention, FDX, Galileo Galilei, AOL, Annual report, Climate change, Free cash flow, Original equipment manufacturer, LTE, Public expenditure, Chairperson, AVANCE, Government, Embraer, Internet, Security (finance), Classic, ESG, Form 10-K, Failure, Adjustment, Federal Communications Commission, STC, Beauty salon

BROOMFIELD, Colo., May 7, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended March 31, 2024.

Key Points: 
  • Total Revenue of $104.3 million, up 6% Year-over-Year; Record First Quarter Service Revenue of $81.7 million, up 4% Year-over-Year
    Q1 Net Income of $30.5 million; Adjusted EBITDA(1) of $43.3 million
    BROOMFIELD, Colo., May 7, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended March 31, 2024.
  • Net income in the first quarter of 2024 included $9.9 million of an after-tax unrealized gain from a $5 million investment in a convertible note.
  • "Strong first quarter results drove an increase in Gogo's 2024 Adjusted EBITDA guidance to the high end of the range and supported strong share repurchases," said Jessi Betjemann, Executive Vice President and CFO.
  • Capital expenditures of approximately $45 million including $30 million for strategic initiatives including Gogo 5G, Gogo Galileo and the LTE network build.

Entravision Communications Corporation Reports First Quarter 2024 Results

Retrieved on: 
星期四, 五月 2, 2024
Mobile, Wireless, Entertainment, Social Media, Internet, Blogging, Consumer Electronics, Technology, General Entertainment, Other Communications, Marketing, Advertising, Audio, Video, Communications, Corporation, Sale, Investment, FCC, Depreciation, Federal, Public expenditure, Income tax, Television, Loss, Federal Communications Commission, GAAP

Included in operating expenses are $1.8 million and $1.9 million of non-cash stock-based compensation for the three-month periods ended March 31, 2024 and 2023, respectively.

Key Points: 
  • Included in operating expenses are $1.8 million and $1.9 million of non-cash stock-based compensation for the three-month periods ended March 31, 2024 and 2023, respectively.
  • Corporate expenses include $3.7 million and $2.2 million of non-cash stock-based compensation for the three-month periods ended March 31, 2024 and 2023, respectively.
  • Cost of revenue for the first quarter of 2024 increased primarily due to the increase in digital advertising revenue.
  • The quarterly dividend will be payable on June 28, 2024 to shareholders of record as of the close of business on June 14, 2024.

Bridging The Digital Divide: Mercury Broadband to Maintain Affordable Connectivity Program Rates

Retrieved on: 
星期四, 五月 2, 2024
ACP, Internet, Mercury, Risk, FCC, Digital, Digital divide, Life, Federal, Government, Affordable Connectivity Program, Federal Communications Commission, Internet access, Internet service provider

MISSION, Kan., May 2, 2024 /PRNewswire/ -- In today's rapidly evolving digital landscape, access to reliable internet is no longer a luxury but a necessity for everyday life. However, for many rural communities across America, access to high-speed internet remains a significant challenge.

Key Points: 
  • "Ensuring access to affordable and reliable internet is at the core of our mission at Mercury Broadband," said Garrett Wiseman, CEO of Mercury Broadband.
  • Mercury Broadband, a leading provider of internet services, announced today that it will continue to honor existing pricing through May 2025 for its customers participating in the Affordable Connectivity Program (ACP), administered by the Federal Communications Commission (FCC).
  • "Ensuring access to affordable and reliable internet is at the core of our mission at Mercury Broadband," said Garrett Wiseman, CEO of Mercury Broadband.
  • "As we navigate the uncertainty surrounding the future of the Affordable Connectivity Program, we remain steadfast in our commitment to our customers.

IDTechEx Discusses Low-Loss Materials: Enabler of Future Connected Vehicles

Retrieved on: 
星期四, 五月 2, 2024
FR-4, High-pass filter, Safety, V2X, Congestion, Communication, Research, Hertz, DSRC, Hydrocarbon, Transmission loss, 2600-series (CTA), Telecommunications, Absorption, Federal Communications Commission, Accident

BOSTON, May 2, 2024 /PRNewswire/ -- Future connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience.

Key Points: 
  • BOSTON, May 2, 2024 /PRNewswire/ -- Future connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience.
  • This is thanks to the future connected vehicle's use of dedicated "V2X" safety communication channels.
  • For these reasons, low-loss materials will be a relevant material enabler of C-V2X in connected vehicles.
  • In fact, connected vehicles may represent a new market opportunity for low-loss materials in the future.

IDTechEx Discusses Low-Loss Materials: Enabler of Future Connected Vehicles

Retrieved on: 
星期四, 五月 2, 2024
FR-4, High-pass filter, Safety, V2X, Congestion, Communication, Research, Hertz, DSRC, Hydrocarbon, Transmission loss, 2600-series (CTA), Telecommunications, Absorption, Federal Communications Commission, Accident

BOSTON, May 2, 2024 /PRNewswire/ -- Future connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience.

Key Points: 
  • BOSTON, May 2, 2024 /PRNewswire/ -- Future connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience.
  • This is thanks to the future connected vehicle's use of dedicated "V2X" safety communication channels.
  • For these reasons, low-loss materials will be a relevant material enabler of C-V2X in connected vehicles.
  • In fact, connected vehicles may represent a new market opportunity for low-loss materials in the future.