04:42 PM EDT, 08/14/2024 (MT Newswires) -- AST SpaceMobile ( ASTS ) posted a Q2 net loss late Wednesday of $0.51 per diluted share, widening from a loss of $0.24 a year ago.

Analysts polled by Capital IQ expected a loss of $0.22.

Revenue for the quarter ended June 30 was $900,000. No revenue was reported a year earlier.

Analysts surveyed by Capital IQ expected $880,000.

Shares of the company fell 7% in after-hours activity.

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