Aspen Aerogels (ASPN) Misses Q3 EPS by 3c

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Go back to Aspen Aerogels (ASPN) Misses Q3 EPS by 3c

Aspen Aerogels, Inc. Reports Third Quarter 2018 Financial Results and Recent Business Developments

November 1, 2018 4:17 PM EDT

NORTHBOROUGH, Mass., Nov. 1, 2018 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen Aerogels") today announced financial results for the third quarter of 2018, which ended September 30, 2018, and discussed recent business developments.

Total revenue for the third quarter was $23.9 million compared to $27.2 million in the third quarter last year. Third quarter net loss was $6.5 million compared to $3.1 million in the third quarter of 2017. Net loss per share for the third quarter was $0.27 compared to $0.13 in the third quarter last year.

Adjusted EBITDA for the third quarter was $(2.7) million compared to $1.1 million... More