AST SpaceMobile Stock Moves Higher Despite Q4 Earnings Miss

AST SpaceMobile Inc (NASDAQ:ASTS) reported fourth-quarter financial results after the market close on Monday. Here’s a rundown of the results.

Q4 Earnings: AST SpaceMobile reported fourth-quarter sales of $1.92 million. The company reported a fourth-quarter adjusted loss of 18 cents per share, missing analyst estimates for a loss of 17 cents per share, according to Benzinga Pro.

AST SpaceMobile highlighted several achievements during the quarter, including new commercial agreements with Vodafone and the U.S. government, …

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