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Benzinga
Benzinga
Business
Dylan Berman

AST SpaceMobile Shares Are Trading Higher Tuesday: What's Going On?

AST SpaceMobile Inc.

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares were trading lower Wednesday but have since rebounded after the company reported second-quarter financial results and issued revenue guidance for the second half of fiscal year 2025.

What To Know: AST reported a loss of 41 cents per share, missing the consensus estimate of a 21 cent-loss. In addition, the company reported sales of $1.15 million, missing the consensus estimate of $7.51 million.

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