Aspen Aerogels (ASPN) Tops Q1 EPS by 3c

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Aspen Aerogels, Inc. Reports First Quarter 2015 Financial Results

May 7, 2015 4:06 PM EDT

NORTHBOROUGH, Mass., May 7, 2015 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen Aerogels") today announced financial results for its first quarter of 2015, which ended March 31, 2015, and discussed business highlights from the quarter.

Total revenue for the quarter of $23.5 million reflected growth of 5% compared to the first quarter last year. On a GAAP basis, first quarter net loss was $2.8 million compared to a net loss of $19.0 million in the first quarter of 2014. GAAP net loss attributable to common stockholders per share ("GAAP EPS") for the quarter was $0.12 compared to $6,066.56 in the first... More