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AST SpaceMobile Reports Wider Third-Quarter Loss and Higher Revenue

AST SpaceMobile reported a third-quarter loss of $132.4 million, or 44 cents a share, while revenue grew. The company said it is on track to hit its 2026 targets.

ASTS

By Elias SchisgallAST SpaceMobile reported a wider loss but growing revenue in the third quarter, as the company said it is on track to hit its 2026 targets.The space-based broadband cellular network provider on Monday reported a loss of $132.4 million, or 44 cents a share, compared with a loss of…

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