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0.042973965765239 0.103145540713234 0.0504237798064194 0.0481315293322099 -0.0028710437189472 0.00916327127065156 0.0143208348376225 0.00572489555933766
Stock impact report

Aspen Aerogels, Inc. Reports Third Quarter 2024 Financial Results and Recent Business Highlights

Aspen Aerogels, Inc. (ASPN) 
Last aspen aerogels, inc. earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: PR Newswire
$117.3 million in quarterly revenue, led by $90.6 million of Thermal Barrier revenueContinued cost discipline delivered 42% company gross margins and 22% Adjusted EBITDA marginsIncreased 2024 Financial Outlook to $450 million of revenue, $9 million of net income, and $90 million of Adjusted EBITDAVarious financing activities completed to fully-fund growth strategyNORTHBOROUGH, Mass., Nov. 6, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the third quarter of 2024, and discussed recent business developments.Total revenue for the third quarter of 2024 was $117.3 million, compared to $60.8 million in the third quarter of 2023. Net loss was $13.0 million, which included a $27.5 million one-time charge from the redemption of the Company's convertible note, compared to a net loss of $13.1 million in the third quarter of 2023. Net loss per share was $ Show less Read more
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