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AST SpaceMobile Q3 Net Loss Widens -- Shares Fall After Hours
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AST SpaceMobile Q3 Net Loss Widens -- Shares Fall After Hours
Nov 15, 2024 12:04 PM

04:35 PM EST, 11/14/2024 (MT Newswires) -- AST SpaceMobile ( ASTS ) reported a Q3 net loss late Thursday of $1.10 per diluted share, widening from a loss of $0.23 a year ago.

Two analysts polled by Capital IQ expected a loss of $0.20.

Revenue for the quarter ended Sept. 30 was $1.1 million. No revenue was reported a year earlier.

Two analysts surveyed by Capital IQ expected $1 million.

Shares fell almost 7% in after-hours activity.

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