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AST SpaceMobile Forecasts Loss, CEO Gets $14.2M Award

5/3/2026

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Story summary
  • U.S. AST SpaceMobile will report earnings on May 11, with analysts expecting a $0.21 loss per share and $36.91 million revenue.
  • CEO Abel Avellan takes a $0 salary and a $14.2 million stock award, a payout eliminated after the missed Feb 2026 satellite-in-orbit goal.
  • The FCC authorized up to 248 satellites on April 22, clearing a key regulatory hurdle.
  • AST SpaceMobile shares fell 3.26% to $71.49, trading in the lower half of the 52-week range.