NII (NIHD) to Release Quarterly Earnings on Tuesday

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NII (NASDAQ:NIHD) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, August 6th.

NII (NASDAQ:NIHD) last announced its quarterly earnings results on Friday, May 10th. The Wireless communications provider reported $0.02 earnings per share for the quarter. The business had revenue of $146.80 million during the quarter.

Shares of NIHD opened at $1.68 on Monday. The stock has a fifty day simple moving average of $1.78. NII has a fifty-two week low of $1.58 and a fifty-two week high of $8.51.

Separately, ValuEngine upgraded shares of NII from a “hold” rating to a “buy” rating in a research report on Thursday.

In related news, VP Timothy M. Mulieri sold 31,848 shares of the business’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $1.92, for a total value of $61,148.16. Following the sale, the vice president now owns 21,848 shares in the company, valued at $41,948.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.33% of the company’s stock.

NII Company Profile

NII Holdings, Inc, through its subsidiaries, provides wireless communication services to the individual consumers under the Nextel brand in Brazil. The company offers its services through wideband code division multiple access and long-term evolution networks. Its services include mobile telephone voice and wireless data, and international voice and data roaming services.

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Earnings History for NII (NASDAQ:NIHD)

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