Aspen Aerogels (ASPN) Misses Q2 EPS by 1c

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Aspen Aerogels, Inc. Reports Second Quarter 2020 Financial Results and Recent Business Developments

July 30, 2020 4:15 PM EDT

NORTHBOROUGH, Mass., July 30, 2020 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen") today announced financial results for the second quarter and first half of 2020, which ended June 30, 2020, and discussed recent business developments.

Total revenue for the second quarter was $24.6 million compared to $29.5 million in the second quarter last year. Second quarter net loss was $5.7 million compared to a net loss of $5.3 million in the second quarter of 2019. Net loss per share for the second quarter was $0.21 compared to a net loss per share of $0.22 in the second quarter last... More