Quartz·1 min read·easy

AST SpaceMobile missed earnings estimates but kept its full-year revenue outlook

Cris Tolomia
AI Summary

Satellite company AST SpaceMobile reported second-quarter revenue of $31.5 million, falling short of analyst expectations of $34.5 million. Despite the revenue miss, the company maintained its financial outlook for the full year.

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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