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AST SpaceMobile, Inc. (ASTS) Reports Q1 Loss, Misses Revenue Estimates
ASTSAST SpaceMobile(ASTS) ZACKS·2025-05-12 22:55

Company Performance - AST SpaceMobile reported a quarterly loss of 0.20pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.20 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.17, and compared to a loss of 0.16pershareayearago,indicatinganearningssurpriseof−17.650.16 per share a year ago, indicating an earnings surprise of -17.65% [1] - The company posted revenues of 0.72 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 82.05%, and this is an increase from year-ago revenues of 0.5million[2]−Overthelastfourquarters,ASTSpaceMobilehassurpassedconsensusEPSestimatestwotimesbuthasnotbeatenconsensusrevenueestimates[2]StockPerformance−ASTSpaceMobileshareshaveincreasedbyapproximately22.10.5 million [2] - Over the last four quarters, AST SpaceMobile has surpassed consensus EPS estimates two times but has not beaten consensus revenue estimates [2] Stock Performance - AST SpaceMobile shares have increased by approximately 22.1% since the beginning of the year, contrasting with the S&P 500's decline of -3.8% [3] - The current consensus EPS estimate for the upcoming quarter is -0.18 on revenues of 7.9million,andforthecurrentfiscalyear,itis−7.9 million, and for the current fiscal year, it is -0.84 on revenues of $57.15 million [7] Industry Outlook - The Wireless Equipment industry, to which AST SpaceMobile belongs, is currently ranked in the top 12% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact AST SpaceMobile's stock performance [5]