Aspen Aerogels (ASPN) Reports In-Line Q1 EPS

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Aspen Aerogels, Inc. Reports First Quarter 2019 Financial Results and Recent Business Developments

May 2, 2019 4:19 PM EDT

NORTHBOROUGH, Mass., May 2, 2019 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen Aerogels") today announced financial results for the first quarter of 2019, which ended March 31, 2019, and discussed recent business developments.

Total revenue for the first quarter was $27.9 million compared to $23.1 million in the first quarter last year. First quarter net loss was $6.0 million compared to $6.8 million in the first quarter of 2018. Net loss per share for the first quarter was $0.25 compared to $0.29 in the first quarter last year.

Adjusted EBITDA for the first quarter was $(2.6) million compared to $(2.4) million... More