FINWIRES · TerminalLIVE
FINWIRES

Update: AST SpaceMobile Shares Fall After Q1 Loss Widens

By

(Updates with the latest stock movement in the first paragraph and headline.)

AST SpaceMobile (ASTS) shares were down roughly 14% in Tuesday trading after the company's Q1 loss widened.

The company reported a Q1 loss late Monday of $0.66 per diluted share, widening from a loss of $0.20 a year earlier.

Analysts polled by FactSet expected a loss of $0.24.

Revenue for the three months ended March 31 was $14.7 million, up from $718,000 a year earlier.

Analysts surveyed by FactSet expected $39 million, if comparable.

The company said it is on track to achieve full-year 2026 revenue guidance of $150 million to $200 million. Analysts expect $176.9 million.

Price: $71.50, Change: $-11.05, Percent Change: -13.39%

Related Articles

Australia

Celanese Shares Rise After JPMorgan Upgrade

Celanese (CE) shares rose 1.1% in afternoon trading Tuesday after JPMorgan upgraded the stock to overweight from neutral, with a price target of $68 per share.Trading volume stood at nearly 1.1 million shares, compared with a daily average of over 2.6 million.Price: $60.18, Change: $+0.63, Percent Change: +1.06%

$CE
Australia

Braskem Shares Rise After JPMorgan Upgrade

Braskem (BAK) shares rose 26% on Tuesday after JPMorgan upgraded the stock to overweight from neutral with a price target of $5.50 per share.Trading volume stood at nearly 7.3 million shares compared with a daily average of close to 2.7 million.Price: $4.80, Change: $+1.00, Percent Change: +26.26%

$BAK
Australia

West Pharmaceutical Shares Fall After Cyberattack Disrupts Global Operations

West Pharmaceutical Services (WST) shares were down more than 2% in intraday trading on Tuesday after the company said its global operations were disrupted by a cyberattack, according to a regulatory filing.The company said it detected an intrusion on May 4, in which certain data was exfiltrated by an unauthorized party and some systems were encrypted.West Pharmaceutical said it activated its incident response protocols, including taking systems offline globally for containment, notifying law enforcement and engaging external cyber-forensic experts.The company said its investigation is ongoing and the timeline for full restoration of operations has not yet been determined.Price: $315.43, Change: $-6.87, Percent Change: -2.13%

$WST