Aspen Aerogels (ASPN) Misses Q2 EPS by 2c
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Aspen Aerogels, Inc. Reports Second Quarter 2016 Financial Results and Recent Business Highlights
August 4, 2016 4:16 PM EDTNORTHBOROUGH, Mass., Aug. 4, 2016 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen Aerogels") today announced financial results for its second quarter of 2016, which ended June 30, 2016, and discussed business highlights from the quarter.
Total revenue for the quarter of $27.7 million reflected a decline of 8% compared to the second quarter last year. Second quarter net loss improved to $1.4 million compared to a net loss of $2.7 million in the second quarter of 2015. Net loss per share for the quarter was $0.06 compared to a loss of $0.12 in the second quarter of 2015.
Adjusted EBITDA for... More
