Aspen Aerogels (ASPN) Misses Q1 EPS by 2c

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Go back to Aspen Aerogels (ASPN) Misses Q1 EPS by 2c

Aspen Aerogels, Inc. Reports First Quarter 2021 Financial Results and Recent Business Developments

April 29, 2021 4:15 PM EDT

NORTHBOROUGH, Mass., April 29, 2021 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen") today announced financial results for the first quarter of 2021, which ended March 31, 2021, and discussed recent business developments.

Total revenue for the first quarter was $28.1 million compared to $28.4 million in the first quarter last year. First quarter net loss was $6.3 million compared to a net loss of $3.2 million in the first quarter of 2020. Net loss per share for the first quarter was $0.22 compared to $0.13 in the first quarter last year.

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