Aspen Aerogels (ASPN) Tops Q4 EPS by 10c, Offers Guidance

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Aspen Aerogels, Inc. Reports Fourth Quarter and Fiscal 2022 Financial Results and Recent Business Developments

February 15, 2023 4:15 PM EST

Quarterly revenue growth of 90% year-over-year drove 2022 annual revenues to $180 million, a 48% increase

NORTHBOROUGH, Mass., Feb. 15, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the fourth quarter and full year 2022, which ended December 31, 2022, and discussed recent business developments.

Total revenue for the fourth quarter of 2022 was $59.6 million, compared to $31.5 million in the fourth quarter last year. Fourth... More