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AST SpaceMobile Defies Earnings Miss with Strong Investor Confidence

AST SpaceMobile Defies Earnings Miss with Strong Investor Confidence

Published:
2025-11-11 13:31:02
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BTCCSquare news:

AST SpaceMobile's third-quarter earnings fell short of Wall Street expectations, posting a loss of $0.45 per share against an anticipated $0.22 loss. Revenue reached $14.7 million, missing the $19.9 million forecast. Despite the underperformance, shares remained stable in after-hours trading, dipping a mere 0.1% to $68.80.

The company's resilience stems from its $1 billion in contracted revenue commitments, including landmark deals with Verizon and stc Group worth $175 million. With $3.2 billion in liquidity after a $1.15 billion convertible notes offering, AST SpaceMobile is funding an ambitious satellite deployment plan—five orbital launches by Q1 2026, targeting 45-60 satellites in orbit by year-end.

|Square

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