04:57 PM EDT, 04/01/2024 (MT Newswires) -- AST SpaceMobile ( ASTS ) reported a Q4 net loss Monday of $0.35 per diluted share, widening from a loss of $0.14 a year earlier.

Two analysts polled by Capital IQ expected $0.24.

No revenue for the quarter ended Dec. 31 was reported. Two analysts surveyed by Capital IQ expected no revenue for the quarter.

As of Dec. 31, the company had cash, cash equivalents, and restricted cash of $88.1 million.

The company shares were down 5.3% in after-hours activity.

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