Satellite broadband dark horse AST SpaceMobile (ASTS.US) reports sharply widened losses, but contract backlog climbs to $1.3 billion. With strong cash reserves, the company continues to support constellation expansion.

Satellite broadband dark horse AST SpaceMobile (ASTS.US) reports sharply widened losses, but contract backlog climbs to $1.3 billion. With strong cash reserves, the company continues to support constellation expansion.

智通财经2026/08/10 23:31

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According to Jinzhong Finance APP, space mobile broadband operator AST SpaceMobile (ASTS.US) recently released its financial report for the second quarter of 2026 (ending June 30). During the period, revenue reached 31.5 million US dollars, showing significant growth compared to the same period last year, but falling short of the market average expectation of 34.98 million US dollars. However, net loss attributable to common shareholders widened sharply to 230.9 million US dollars, compared to a loss of 99.4 million US dollars in the same period of the previous year. AST SpaceMobile reported a quarterly loss per share of 77 cents, much higher than Wall Street's expected loss per share of 28 cents, and its performance missed market expectations.

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