Aspen Aerogels (ASPN) Tops Q4 EPS by 11c

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

February 18, 2021 4:15 PM EST

NORTHBOROUGH, Mass., Feb. 18, 2021 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen") today announced financial results for the fourth quarter and full year 2020, which ended December 31, 2020, and discussed recent business developments.

Total revenue for the fourth quarter was $23.0 million compared to $46.5 million in the fourth quarter last year. Fourth quarter net loss was $6.2 million compared to a net loss of $1.0 million in the fourth quarter of 2019. Net loss per share for the fourth quarter was $0.23 compared to $0.04 in the fourth quarter last year.

Total revenue for the full year was... More