AST SpaceMobile Q1 Loss Beats Expectations

AST SpaceMobile Q1 loss $0.66 per share versus expected $0.21 loss, revenue $14.73 million versus $37.48 million forecast.
Shares fell 11.3% in after‑hours trading after results, despite FCC supplemental coverage authority and upcoming satellite launches.
CEO Abel Avellan said network deployment for 2026 targets ~45 satellites, with BlueBird 8‑10 launching mid‑June on SpaceX Falcon 9.
Full‑year 2026 revenue guidance $150‑200 million (midpoint $175 million) below analysts’ $181.1 million estimate; cash $3.5 billion, operating expenses $164.1 million.