Aspen Aerogels (ASPN) Misses Q2 EPS by 2c

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Go back to Aspen Aerogels (ASPN) Misses Q2 EPS by 2c

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

August 4, 2016 4:16 PM EDT

NORTHBOROUGH, 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