Aspen Aerogels, Inc. Reports First Quarter 2020 Financial Results and Recent Business Developments
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Aspen Aerogels (ASPN) Tops Q1 EPS by 9c
April 30, 2020 4:29 PM EDTAspen Aerogels (NYSE: ASPN) reported Q1 EPS of ($0.13), $0.09 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $28.4 million versus the consensus estimate of $27.94 million.
GUIDANCE:
"Despite the ongoing COVID-19 pandemic, Aspen Aerogels remains open for business. We have not yet encountered any significant disruption to our supply chain, manufacturing operations or our ability to deliver to our customers. However, due to the general uncertainty in the markets for our products resulting from the COVID-19 pandemic and the potential impact of significant volatility in the global oil markets, we are... More
