Is SpaceX Competitor AST SpaceMobile a Buy?
AST SpaceMobile(ASTS) fool.com·2024-05-29 01:22
Investors with different risk tolerances might see the stock differently.Some Wall Street analysts insist AST SpaceMobile (ASTS 7.60%) is a winner despite having no earnings.AST's first-quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) were negative $42.42 million. The cash flow statement for the same period listed negative $53.12 million in free cash flow.It's no surprise when new and relatively young growth companies fail to turn a profit in their first few years. These comp ...