Aspen Aerogels, Inc. Reports Second Quarter 2016 Financial Results and Recent Business Highlights

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Go back to Aspen Aerogels, Inc. Reports Second Quarter 2016 Financial Results and Recent Business Highlights

Aspen Aerogels (ASPN) Misses Q2 EPS by 2c

August 4, 2016 5:15 PM EDT

Aspen Aerogels (NYSE: ASPN) reported Q2 EPS of ($0.06), $0.02 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $27.7 million versus the consensus estimate of $30.99 million.

GUIDANCE:

Aspen Aerogels sees FY2016 revenue of $117-125 million, versus the consensus of $122.1 million.

"We achieved solid improvement in gross profit, net loss and... More