AST SpaceMobile Inc (ASTS) reported disappointing financial results for the third quarter of fiscal 2025. The company's earnings per share (EPS) stood at $-0.45, falling short of the Wall Street consensus estimate of $-0.23 by $0.22. Revenue remained at $0.0 billion, which also did not meet expectations.
The company, headquartered in Midland, Texas, is focused on building a broadband cellular network in space, aiming to connect standard mobile devices directly. AST SpaceMobile is currently developing its BlueBird (BB) satellite constellation to provide high-speed cellular broadband services to users beyond terrestrial coverage.
AST SpaceMobile will host its earnings conference call to discuss these results and provide additional commentary on its business performance. The firm has operations in India, Scotland, Spain, and Israel and employs 578 full-time staff.
This update provides insight into AST SpaceMobile's recent operational performance and financial health. Missing analyst expectations could reflect challenges the company faces in its market environment. Investors are encouraged to review the full earnings release and listen to management's commentary for a complete understanding of the quarter's performance and future outlook.
Looking ahead, the company anticipates its next earnings report on 9 August 2026, with an estimated EPS of $-0.32 and revenue of $36.8 million.