AST SpaceMobile (NASDAQ: ASTS) stock tumbled 12.5% through noon ET Friday after the company reported a big earnings miss last night. Heading into the report, analysts forecast the start-up provider of direct-to-cell (via satellite) mobile communications would report a $0.

In this video, I will cover AST SpaceMobile's (NASDAQ: ASTS) third-quarter earnings. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Nov.

The firm, which is building a space-based cellular broadband network, reported a loss of $171.95M for Q3 that widened from $20.91M in the prior year quarter. On a per-share basis, losses came to $1.10 that missed analysts’ expectations by $0.90.

The stock of AST SpaceMobile (NASDAQ: ASTS) is seeing big sell-offs in Friday's trading following the company's recent third-quarter report. The space-based telecom's share price was down 13.8% as of 11:45 a.

Shares of AST SpaceMobile Inc. fell in extended trading Thursday after the space-based broadband company’s third-quarter loss widened.

Shares of AST SpaceMobile Inc ($ASTS) fell nearly 14% on Friday morning as investors focused on the sharp rise in the firm’s quarterly losses, largely ignoring its major launch service agreements. AST SpaceMobile announced a revenue of $1.