Jim Cramer - Mad MoneyAST SpaceMobile ASTSDON'T BUYOct 21, 2024

In the last quarter, the company reported -0.45 USD per share, beating the -0.21 USD estimate by -115.80%. Revenue for the same period reached 14.74 M USD, despite the estimate of 19.93 M USD. For the next quarter, analysts expect -0.18 USD in earnings per share and 40.02 M USD in revenue. Social media mentions are up 247% in the past 24h.

AST SpaceMobile reported a revenue of 1.2M, which is a 61% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction. Social media mentions are up 62.6% in the past 24h.

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. It focuses on providing mobile broadband services with global coverage to all end-users, without the need to purchase special equipment. The company was founded by Abel Avellan on May 31, 2017 and is headquartered in Midland, TX. Social media mentions are up 900% in the past 24h.