What's Going On With AST SpaceMobile Stock Wednesday?
Portfolio Pulse from Dylan Berman
AST SpaceMobile Inc. (NASDAQ:ASTS) is set to report its Q2 2024 earnings on August 27, with analysts expecting a loss of 22 cents per share and revenue of $21 million. The company recently transported five BlueBird satellites to Cape Canaveral for a September launch. AST SpaceMobile aims to create the first space-based cellular broadband network accessible by everyday smartphones.
August 14, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
AST SpaceMobile is expected to report Q2 2024 earnings on August 27, with analysts forecasting a loss of 22 cents per share and revenue of $21 million. The company recently transported five BlueBird satellites to Cape Canaveral for a September launch, aiming to create the first space-based cellular broadband network.
The upcoming earnings report and the recent transportation of BlueBird satellites are significant events for AST SpaceMobile. Positive earnings or successful satellite launches could boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100