Aspen Aerogels, Inc. Reports First Quarter 2021 Financial Results and Recent Business Developments
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Aspen Aerogels (ASPN) Misses Q1 EPS by 2c
April 29, 2021 4:42 PM EDTAspen Aerogels (NYSE: ASPN) reported Q1 EPS of ($0.22), $0.02 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $28.1 million versus the consensus estimate of $23.6 million.
"Despite the ongoing unfavorable impact of COVID-19 in the subsea, refinery and petrochemical markets, our first quarter revenue decline was limited to 1% due to strong demand in the global LNG market, led by shipments to the Arctic LNG and PTT LNG projects. Importantly, the pace of our e-mobility business... More
