AST SpaceMobile (NASDAQ:ASTS) has been continuously surging.
AST SpaceMobile Inc (NASDAQ:ASTS) reported first-quarter 2026 results that missed analyst expectations on both revenue and earnings, sending shares down about 14%. The company posted a loss of $0.66 per share for the quarter, wider than the consensus estimate for a $0.23 loss.
AST SpaceMobile posts a wider Q1 loss as higher operating costs offset revenue growth from gateway sales and U.S. government contracts.
AST SpaceMobile, Inc. (ASTS) Q1 2026 Earnings Call Transcript
AST SpaceMobile NASDAQ: ASTS said it remains on track with its 2026 deployment and revenue plans as the satellite-to-smartphone company works to scale manufacturing, launch additional BlueBird satellites and move closer to commercial service activation in key markets.
AST SpaceMobile, Inc. (ASTS) came out with a quarterly loss of $0.66 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to a loss of $0.2 per share a year ago.
Investors are optimistic about new speed breakthroughs at the satellite company.
AST Spacemobile eyes Q1 results with new U.S. defense contracts, telecom partnerships and expanding satellite ambitions amid rising competition.
Insiders are making interesting moves across key stocks in the semiconductor, space, and consumer discretionary industries. This includes big-time sales at a retail favorite, AST SpaceMobile NASDAQ: ASTS, raising a red flag to investors, as well as two other big names.
The latest trading day saw AST SpaceMobile, Inc. (ASTS) settling at $68.31, representing a -3.64% change from its previous close.
AST SpaceMobile (ASTS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Less than one week after space-based broadband provider AST SpaceMobile NASDAQ: ASTS saw its shares sell off after its BlueBird 7 satellite failed to deploy into the correct orbit after launching on Blue Origin's New Glenn rocket, the stock is back in the headlines.