Aspen Aerogels, Inc. Reports First Quarter 2016 Financial Results and Recent Business Developments
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Aspen Aerogels (ASPN) Misses Q1 EPS by 4c, Trims Outlook
May 5, 2016 5:18 PM EDTAspen Aerogels (NYSE: ASPN) reported Q1 EPS of ($0.08), $0.04 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $32.8 million versus the consensus estimate of $31.91 million.
GUIDANCE:
Aspen Aerogels sees FY2016 EPS of ($0.09)-($0.16), versus prior guidance of ($0.06)-($0.15) and the consensus of ($0.12). Aspen Aerogels sees FY2016 revenue of $117-125 million, versus the consensus of $121.14 million.
"We achieved solid revenue, gross... More
