Aspen Aerogels (ASPN) Tops Q3 EPS by 1c

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Go back to Aspen Aerogels (ASPN) Tops Q3 EPS by 1c

Aspen Aerogels, Inc. Reports Third Quarter 2017 Financial Results and Recent Business Developments

November 2, 2017 4:18 PM EDT

NORTHBOROUGH, Mass., Nov. 2, 2017 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen Aerogels") today announced financial results for the third quarter of 2017, which ended September 30, 2017, and discussed business developments during the quarter.

Total revenue for the third quarter was $27.2 million compared to $29.6 million in the third quarter last year. Net loss was $3.1 million and net loss per share was $0.13 in both the third quarter of 2017 and the third quarter of 2016.

Adjusted EBITDA for the third quarter was $1.1 million compared to $1.5 million in the third quarter of 2016. A reconciliation... More