ASTS Stock Drops After Hours on Q2 Revenue Miss, Wider-Than-Expected Loss, Investor Focus On Future Launches
AST SpaceMobile targets approximately 45 satellites in orbit in early 2027. The company said it was on track to achieve full-year 2026 revenue guidance of $150.0 million to $200.0 million. Revenue backlog increased to approximately $1.30 billion. Reported Q2 revenue of $31.5 million, lower than the $33.9 million analysts expected. AST SpaceMobile (ASTS) share price … Read more