NextNav, Inc. (NASDAQ:NN) Q3 2024 Earnings Conference Call November 13, 2024 5:00 PM ET
Company Participants
Erica Bartsch - Investor Relations
Mariam Sorond - Chairman, CEO & President
Christian Gates - CFO
Conference Call Participants
Mike Crawford - B. Riley
Timothy Horan - Oppenheimer
Rosemary Sisson - Odeon Capital
Jamie Perez - RF Lafferty
Operator
Hello, and welcome to the NextNav Third Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks, there will be a question-and-answer session. [Operator Instructions].
I would now like to turn the conference over to Erica Bartsch. You may begin.
Erica Bartsch
Good afternoon, everyone, and welcome to NextNav Third Quarter 2024 Earnings Conference Call. Participating on today's call are Mariam Sorond, NextNav's Chief Executive Officer; and Chris Gates, NextNav's Chief Financial Officer.
Before we begin, let me remind everyone that this call will include certain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as may, anticipate, believe, expect, intends, might, plan, possible potential aim drive, predict, project, should, could, would, will, and similar expressions may identify forward-looking statements, but the absence of these words does not in the United statement is not forward-looking. Such forward-looking statements, which may relate to NextNav's forecast of future results, future prospects, developments and business strategies are subject to known and unknown risks, uncertainties and assumptions and other important factors, many of which are outside NextNav control that could cause actual results to differ materially from the results discussed in the forward-looking statements.
In particular, such forward-looking statements include the achievement of certain FCC-related milestones and FCC approvals the ability to realize the broader spectrum capacity and the advancement of NextNav terrestrial 3D P&T services, NextNav positioned to drive growth in its 3D G location business, an expansion of its next-generation terrestrial 3D P&C technologies, the business plans, objectives, expectations and intentions of NextNav and NextNav's estimated and future business strategies, competitive position, industry environment, potential growth opportunities, revenue, expenses and profitability.
These statements are based on NextNav management's current expectations and beliefs as well as a number of assumptions concerning future events. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and NextNav undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. For additional information regarding risk factors, the Part 1 Item 1A Risk Factors of the company's quarterly reports on Form 10-Q and Part 1 Item 1A Risk Factors of the NextNav annual report on Form 10-K for the year ended December 31, 2023, as well as those otherwise described or updated from time to time in our other filings with the Securities and Exchange Commission.