AST SpaceMobile reported a Q2 loss of $0.41 per share, missing the Zacks Consensus Estimate of a loss of $0.19. Revenue was $1.16 million, missing the Zacks Consensus Estimate by 77.55%. The company has surpassed consensus EPS estimates just once over the last four quarters and has outperformed the market this year, but the Zacks Rank is #4 (Sell) based on an unfavorable estimate revisions trend.
AST SpaceMobile Inc. (ASTS) reported a wider-than-expected second-quarter (Q2) loss and revenue significantly below Wall Street estimates, as the satellite communications company continues to ramp up spending on its space-based cellular broadband network. The company reported a loss of 41 cents per share for the quarter ended June 30, 2025, compared to analysts' expectations of a loss of 21 cents [1].
Revenue for the quarter fell to $1.16 million, missing estimates of $7.52 million by 77.55% [2]. Despite the setback, AST SpaceMobile remains optimistic about its future prospects, expecting $50 million to $75 million in revenue in the second half of 2025 from government and commercial customers [1].
The company's Q2 results were marked by several strategic moves, including the retirement of $225 million in convertible notes to reduce debt and cash interest obligations, and the expansion of its spectrum strategy and satellite assembly efforts. AST SpaceMobile aims to deploy 45 to 60 satellites into orbit by 2026, supporting continuous service in the United States, Europe, Japan, and other markets [3].
The company's stock price was up 5.24% in after-hours trading on Monday, trading at $45.92 [3]. However, the Zacks Rank for AST SpaceMobile is #4 (Sell), indicating that the stock is expected to underperform the market in the near future due to an unfavorable estimate revisions trend [2].
AST SpaceMobile's earnings call is scheduled for 5 p.m. ET, where executives will discuss the quarter's performance and future plans. Investors will be watching closely for any updates on the company's financial outlook and strategic partnerships.
References:
[1] https://finance.yahoo.com/news/ast-spacemobile-posts-wider-quarterly-205611723.html
[2] https://finance.yahoo.com/news/ast-spacemobile-inc-asts-reports-225503683.html
[3] https://www.benzinga.com/markets/earnings/25/08/47045453/ast-spacemobile-misses-q2-estimates-shares-rise-as-company-affirms-50-million-to-75-million-revenue-opportunity-in-2025
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