This past week saw several pure-play space stocks rally, with leaders up as much as 20% or more, in part driven by what sector analysts said is a "Trump-Elon trade," a nod to the relationship between President-elect Donald Trump and SpaceX CEO Elon Musk."I don't think anyone can underplay the potential catalyst that I don't think many people were talking about before: the most important human in the history of the space industry having the ear of the president-elect, who in his past term found space importa ...

AST SpaceMobile (ASTS -12.24%) stock tumbled 12.5% through noon ET Friday after the company reported a big earnings miss last night.Heading into the report, analysts forecast the start-up provider of direct-to-cell (via satellite) mobile communications would report a $0.23-per-share loss for its Q3 2024. Instead, AST said it lost $1.10 per share. AST SpaceMobile Q3 earningsCEO Abel Avellan led off the report highlighting AST's "many significant milestones" recently achieved, such as the successful launch of ...

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 ...

In this video, I will cover AST SpaceMobile's (ASTS -12.89%) third-quarter earnings. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 14, 2024. The video was published on Nov. 15, 2024. ...

SpaceMobile Transforming how the world connects NASDAQ: ASTS Business Update – Third Quarter 2024 November 14, 2024 ast-science.com ast-science.com Forward Looking Statements The information in this presentation and the oral statements made in connection therewith includes "forward-looking statements" for the purposes of federal securities laws that are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. All stateme ...

AST SpaceMobile's (NASDAQ: ASTS ) share price reacted negatively after the release of the company's third quarter results . From a fundamental perspective, there have been few developments of late that should have materially impacted AST’s share price, though. While the launchRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can ...

AST SpaceMobile, Inc. (NASDAQ:ASTS) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants Scott Wisniewski - President and Chief Strategy Officer Abel Avellan - Founder, Chairman and Chief Executive Officer Andrew Johnson - Chief Financial Officer and Chief Legal Officer Conference Call Participants Mike Crawford - B. Riley Securities Christopher Schoell - UBS Chris Quilty - Quilty Analytics Bryan Kraft - Deutsche Bank Caleb Henry - Quilty Analytics Operator Good day and thank y ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39040 AST SPACEMOBILE, INC. (Exact name of registrant as specified in its charter) | --- | |----------------------------------- ...

PRESS RELEASE EXHIBIT 99.1 AST SpaceMobile Provides Business Update and Third Quarter 2024 Results MIDLAND, Texas, November 14, 2024 – AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the third quarter ended September 30, 2024. "We achieved many significant milestones in the quar ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. AST SpaceMobile, Inc. (ASTS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.AST SpaceMobile, Inc. is one of 619 companies in the Computer a ...