NextNav reports Q2 EPS (48c) vs (21c) last year

Reports Q2 revenue $1.202M vs $1.105M last year. “In the second quarter we continued to advance toward our goal of addressing one of our nation’s most critical infrastructure needs with a sense of urgency and purpose,” said Mariam Sorond, CEO of NextNav (NN). “We appreciate the FCC’s order granting consent to the assignment of the Telesaurus licenses, further enhancing our spectrum position and operational leadership in the Lower 900MHz band. We substantiated with data and analysis the significant benefits and minimal costs of our proposal to optimize the Lower 900 MHz band. We look forward to continuing to support the FCC’s important work as we seek to enable a widescale, future-proof complement and backup to GPS as quickly as possible.”