AST SpaceMobile Reports FY Loss Per Share Of $(1.07) Vs $(0.58) Last Year
Portfolio Pulse from Benzinga Newsdesk
AST SpaceMobile reported a fiscal year loss per share of $(1.07), compared to last year's loss of $(0.58).
April 01, 2024 | 8:27 pm
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AST SpaceMobile reported a wider fiscal year loss per share of $(1.07) compared to $(0.58) the previous year.
The widening of the fiscal year loss per share for AST SpaceMobile from $(0.58) to $(1.07) indicates increased financial strain on the company. This is likely to negatively impact investor sentiment and could lead to a decrease in stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100