Earnings
Home›Earnings›Analyst Ratings›AST SpaceMobile gets FCC approval for 800 MHz testing…
AST SpaceMobile gets FCC approval for 800 MHz testing after Q2 miss
The company received a 30-day FCC authorization to test satellite connectivity on the 800 MHz band following its Q2 earnings miss.
AST SpaceMobile has received a 30-day authorization from the FCC to conduct satellite connectivity testing on the 800 MHz spectrum, according to MarketBeat Ratings.
The FCC test comes after the company’s Q2 earnings miss, as investors and analysts continued to weigh the stock’s outlook.
MarketBeat Ratings notes that AST SpaceMobile currently has a Hold rating among analysts, with sentiment described as mixed.
The outlet also highlights that it has identified other stocks with top-rated analyst backing, while AST SpaceMobile was not included in that specific list.