AST SpaceMobile Stock Falls After Q2 Revenue Miss and Wider-Than-Expected Loss
AST SpaceMobile experienced a decline in its share price following the release of second-quarter 2026 financial results that fell short of Wall Street projections. The company reported revenue of $31.5 million compared to analyst expectations of $35.18 million, while the adjusted loss per share reached $0.77, significantly exceeding the anticipated loss of $0.26. Shares dropped 2.8% to $66.82 in pre-market trading as investors reacted to the shortfall.
The quarter’s results were compounde