ASTS Reports Wider-Than-Expected Q1 Loss Despite Higher Revenues
AST SpaceMobile, Inc. (ASTS) reported lackluster first-quarter 2025 results, with both the adjusted earnings and revenues missing the Zacks Consensus Estimate.Unfavorable macroeconomic conditions, such as rising inflation, higher interest rates, volatility in the capital markets, imposition of tariffs and geopolitical conflicts, are negatively impacting the company’s operations. These factors have led to continued fluctuations in satellite material prices, increasing capital costs and putting pressure on th ...