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The satellite company posted $31.5 million in Q2 revenue, below the $34.5 million analysts expected, while swinging to a wider net loss
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AST SpaceMobile reported second-quarter revenue of $31.5 million, falling short of analyst expectations, while reaffirming its full-year revenue guidance of $150 million to $200 million.
The $34.5 million analyst consensus, cited by The Wall Street Journal, went unmet. AST SpaceMobile attributed the period's revenue to gateway deliveries and progress against contractual milestones on U.S. government work.
