Navan, Inc. (NASDAQ: NAVN) shares are trading higher in post-market action, with the stock trading higher 18.2 percent following Q1 earnings beat.
Navan reported first-quarter earnings of $0.08 per share, surpassing analyst expectations of a $0.01 loss. The company’s revenue for the quarter was $220.23 million, exceeding the forecast of $205.27 million and marking a 39.9 percent increase year-over-year.
For the second quarter of 2027, Navan projects revenue between $219.00 million and $221.00 million, which is above the analyst estimate of $213.85 million.
Additionally, the company has set its fiscal 2027 revenue guidance between $907.00 million and $913.00 million, surpassing the $884.47 million estimate provided by analysts.
Navan last traded at $24.67 in post-market action after ending the regular session at $20.87. The stock moved within a range of $19.67 to $21.19 on volume of 4.93 million shares.