$ASTS rose 14.10% today to close at $36.89, despite reporting earnings that missed expectations. It reported EPS of -$0.44 versus -$0.40 expected, and revenue of $42.32 million versus $47.94 million forecast, so both metrics missed. The company remains unprofitable, and last quarter was worse with EPS of -$0.77, although revenue has grown from $31.52 million in the prior quarter. In after-hours trading, the stock slipped slightly to $36.74, while it might slip more tomorrow, implying about 8% downside.
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