AST SpaceMobile falls after reporting wider second-quarter loss

AST SpaceMobile

10/08/2026 23:18

** Shares of satellite communications company AST SpaceMobile ASTS.O fall 1.2% in after-market trading
** Q2 net loss widens to $230.91 mln from $99.39 mln a year earlier, driven primarily by a $125.9 mln one-time charge
** Q2 revenue $31.52 mln misses estimate of $34.98 mln, according to data compiled by LSEG.
** Up to last close, stock down 5.3% YTD

 (Reporting by Anzar Mehraj in Bengaluru)
 ((Anzar.Mehraj@thomsonreuters.com;))