AST SpaceMobile Surpasses Q3 Earnings Estimates, Misses on Revenues
AST SpaceMobile(ASTS) ZACKS·2024-11-16 00:26
AST SpaceMobile, Inc. (ASTS) reported modest third-quarter 2024 results, with adjusted earnings beating the Zacks Consensus Estimate but revenues missing the same. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Bottom LineNet loss in the reported quarter was $171.9 million or a loss of $1.10 per share compared with $20.9 million or 23 cents per share in the year-ago quarter. Non-GAAP net income was 10 cents per share, which beat the Zacks Consensus Estimate by 28 cents.RevenuesQua ...