NASDAQ$ASTS
AST SpaceMobile Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
AST SpaceMobile reported second quarter results and provided a business update.
AST SpaceMobile is preparing for the launch of its first five commercial satellites in September. Verizon has joined as a strategic investor and customer, contributing a $100 million financial commitment. Initial Block 2 BlueBird planning and production of 17 satellites are underway.
- First 5 commercial satellites are on target for dedicated orbital launch in the first half of September.
- Verizon added as strategic investor and customer with a $100 million financial commitment.
- First 5 commercial satellites are capable of U.S. nationwide non-continuous service with 5,600+ cells in premium low-band spectrum.
- Initial Block 2 BlueBird planning and production of 17 satellites underway at AST SpaceMobile manufacturing facilities in Texas.
Headline financials
Revenue & EPS history
AST SpaceMobile · Revenue · Quarterly
$900K
Forward guidance
AST SpaceMobile is focused on launching its first commercial satellites, expanding its commercial ecosystem, and advancing its technology and production capabilities.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2024
+2.2%
Avg return
Earnings day
+4.5%
Avg return
5 days after
+18.4%
Avg return
30 days after
38%
10 / 26 earnings
Positive
+60.6%
Q1 2024
Best reaction
-30.7%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +9.9% | +11.3% | +16.4% | |
| Q4 2025 | +6.5% | +2.9% | +6.6% | |
| Q3 2025 | -1.2% | -10.6% | +23.4% | |
| Q2 2025 | +0.0% | +7.0% | +133.7% | |
| Q1 2025 | +1.7% | -2.1% | +80.2% | |
| Q4 2024 | +11.7% | +1.9% | -29.8% | |
| Q3 2024 | -13.1% | -6.3% | -15.8% | |
| Q2 2024 | +49.6% | +84.2% | +42.3% | |
| Q1 2024 | +60.6% | +110.4% | +307.2% | |
| Q4 2023 | -30.7% | -24.0% | -22.1% | |
| Q3 2023 | +16.5% | +20.7% | +37.2% | |
| Q2 2023 | -13.3% | -9.4% | -5.4% | |
| Q1 2023 | -4.1% | +2.7% | +15.2% | |
| Q4 2022 | -24.8% | -33.8% | -17.3% | |
| Q3 2022 | -15.0% | -25.3% | -55.2% | |
| Q2 2022 | +19.8% | +5.7% | -12.8% | |
| Q1 2022 | -2.9% | +0.8% | -17.3% | |
| Q4 2021 | +2.8% | -0.2% | -26.9% | |
| Q3 2021 | -3.0% | -8.9% | -34.6% | |
| Q2 2021 | -13.3% | -11.7% | +16.7% | |
| Q1 2021 | +4.7% | +4.4% | +51.4% | |
| Q4 2020 | -3.9% | -6.9% | -15.7% | |
| Q2 2020 | +0.0% | -0.3% | +0.4% | |
| Q1 2020 | +0.0% | +0.0% | +0.2% | |
| Q4 2019 | -0.3% | +0.5% | +0.8% | |
| Q3 2019 | +0.0% | +3.6% | +0.8% |
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