A $125.9 million loss on involuntary conversion tied to the BB7 launch incident drove the quarterly loss well past expectations, and revenue missed expectations too. Management still reaffirmed full-year 2026 revenue guidance of $150 million to $200 million, with beta service with select carrier partners the next milestone.
AST SpaceMobile :
ASTS
ASTS
Stock Data
$70.98
$0.54 (0.76%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
COMMUNICATION EQUIPMENT
AST SpaceMobile Inc is a pioneering company based in Midland, Texas, focused on delivering space-based cellular broadband services. Founded in 2017, it aims to connect mobile phones directly to satellites, ensuring connectivity for users even when they are outside the reach of traditional cellular networks. This innovative approach seeks to bridge the gap in mobile broadband access, especially in remote areas.
Latest Activity
Q2 2026
EPS
-$0.77
est -$0.29-168.0%
Revenue
$32M
est $34M-8.4%
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