AST SpaceMobile Reports Negative GAAP EPS for Fiscal Year 2023

Monday, 1 April 2024, 20:34

AST SpaceMobile released its fiscal year 2023 financial results, showing a GAAP EPS of -$1.07, missing expectations by $0.16. The company's financial position includes $210.8 million in cash along with additional liquidity of $51.5 million, highlighting potential challenges ahead.
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AST SpaceMobile Reports Negative GAAP EPS for Fiscal Year 2023

AST SpaceMobile Reports FY 2023 GAAP EPS Miss of -$1.07

AST SpaceMobile recently disclosed its fiscal year 2023 financial results, reporting a GAAP EPS of -$1.07, which fell short of expectations by $0.16. The company's financial standing includes a significant cash balance of $210.8 million and supplemental liquidity of $51.5 million, indicating potential areas of concern.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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