We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
ASTS Reports Wider-Than-Expected Q2 Loss Despite Top-Line Growth
Read MoreHide Full Article
Key Takeaways
AST SpaceMobile posted a Q2 net loss of $99.4M, missing the earnings estimate.
Revenue rose to $1.2M but came in below the $5M consensus estimate.
Higher R&D and engineering costs drove operating expenses up to $73.9M.
AST SpaceMobile, Inc. (ASTS - Free Report) reported lackluster second-quarter 2025 results, with both the top and bottom lines 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 led to continued fluctuations in satellite material prices, increasing capital costs and putting pressure on the company’s financial performance in the quarter under discussion.
Quarter Details
Net loss in the reported quarter was $99.4 million or a loss of 41 cents per share compared with a loss of $72.6 million or a loss of 51 cents per share in the year-ago quarter. The reported loss was wider than the Zacks Consensus Estimate of a loss of 19 cents.
Quarterly revenues improved to $1.2 million from $0.9 million in the year-ago quarter. However, the top line missed the Zacks Consensus Estimate of $5 million.
In the June quarter, total operating expenses rose to $73.9 million from $63.9 million in the year-ago quarter. This was due to increased research and development costs and engineering services costs. Adjusted operating expenses for the second quarter were $63.4 million.
Cash Flow & Liquidity
For the first six months of 2025, the company utilized $72 million of cash for operating activities compared with $64.3 million in the year-ago period. As of June 30, 2025, it had $923.6 million in cash and cash equivalents with $482.5 million long long-term debt.
Zacks Rank
AST SpaceMobile currently has a Zacks Rank #5 (Strong Sell).
Keysight Technologies, Inc. (KEYS - Free Report) is scheduled to release third-quarter 2025 earnings on Aug. 19. The Zacks Consensus Estimate for earnings is pegged at $1.67 per share, suggesting a growth of 6.4% from the year-ago reported figure.
Keysight has a long-term earnings growth expectation of 12%. Keysight delivered an average earnings surprise of 8.2% in the last four reported quarters.
Workday, Inc. (WDAY - Free Report) is slated to release second-quarter 2025 earnings on Aug. 21. The Zacks Consensus Estimate for earnings is pegged at $2.09 per share, suggesting a growth of 19.4% from the year-ago reported figure.
Workday has a long-term earnings growth expectation of 18.8%. Workday delivered an average earnings surprise of 9.7% in the last four reported quarters.
Cambium Networks Corporation (CMBM - Free Report) is likely to release second-quarter 2025 earnings on Aug. 14. The Zacks Consensus Estimate for loss is pegged at 1 cent per share, suggesting a growth of 96% from the year-ago reported figure. Cambium has a long-term earnings growth expectation of 20%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
ASTS Reports Wider-Than-Expected Q2 Loss Despite Top-Line Growth
Key Takeaways
AST SpaceMobile, Inc. (ASTS - Free Report) reported lackluster second-quarter 2025 results, with both the top and bottom lines 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 led to continued fluctuations in satellite material prices, increasing capital costs and putting pressure on the company’s financial performance in the quarter under discussion.
Quarter Details
Net loss in the reported quarter was $99.4 million or a loss of 41 cents per share compared with a loss of $72.6 million or a loss of 51 cents per share in the year-ago quarter. The reported loss was wider than the Zacks Consensus Estimate of a loss of 19 cents.
Quarterly revenues improved to $1.2 million from $0.9 million in the year-ago quarter. However, the top line missed the Zacks Consensus Estimate of $5 million.
AST SpaceMobile, Inc. Price and Consensus
AST SpaceMobile, Inc. price-consensus-chart | AST SpaceMobile, Inc. Quote
Other Details
In the June quarter, total operating expenses rose to $73.9 million from $63.9 million in the year-ago quarter. This was due to increased research and development costs and engineering services costs. Adjusted operating expenses for the second quarter were $63.4 million.
Cash Flow & Liquidity
For the first six months of 2025, the company utilized $72 million of cash for operating activities compared with $64.3 million in the year-ago period. As of June 30, 2025, it had $923.6 million in cash and cash equivalents with $482.5 million long long-term debt.
Zacks Rank
AST SpaceMobile currently has a Zacks Rank #5 (Strong Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Upcoming Releases
Keysight Technologies, Inc. (KEYS - Free Report) is scheduled to release third-quarter 2025 earnings on Aug. 19. The Zacks Consensus Estimate for earnings is pegged at $1.67 per share, suggesting a growth of 6.4% from the year-ago reported figure.
Keysight has a long-term earnings growth expectation of 12%. Keysight delivered an average earnings surprise of 8.2% in the last four reported quarters.
Workday, Inc. (WDAY - Free Report) is slated to release second-quarter 2025 earnings on Aug. 21. The Zacks Consensus Estimate for earnings is pegged at $2.09 per share, suggesting a growth of 19.4% from the year-ago reported figure.
Workday has a long-term earnings growth expectation of 18.8%. Workday delivered an average earnings surprise of 9.7% in the last four reported quarters.
Cambium Networks Corporation (CMBM - Free Report) is likely to release second-quarter 2025 earnings on Aug. 14. The Zacks Consensus Estimate for loss is pegged at 1 cent per share, suggesting a growth of 96% from the year-ago reported figure. Cambium has a long-term earnings growth expectation of 20%.