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AST SpaceMobile Stock Is Up On Q2 Earnings: What Investors Need To Know
AST SpaceMobile Inc (NASDAQ:ASTS) reported second-quarter financial results and provided a business update Wednesday after the bell. Here’s a look at the key highlights from the quarter.
Q2 Earnings: AST SpaceMobile reported second-quarter sales of $900,000. The company reported an adjusted loss of 51 cents per share, missing analyst estimates for a loss of 22 cents per share, according to data from Benzinga Pro.
AST SpaceMobile highlighted a strategic investment by Verizon during the quarter that brings a $100 million financial commitment. The company ended the quarter with $287.6 million ...