Aspen Aerogels: 2Q Earnings Snapshot
Aug. 03, 2018
NORTHBOROUGH, Mass. (AP) _ Aspen Aerogels Inc. (ASPN) on Thursday reported a loss of $7 million in its second quarter.
The Northborough, Massachusetts-based company said it had a loss of 29 cents per share.
The maker of insulation products posted revenue of $21.7 million in the period.
Aspen Aerogels expects a full-year loss of 95 cents to 87 cents per share, with revenue in the range of $102 million to $112 million.
Aspen Aerogels shares have risen slightly more than 5 percent since the beginning of the year. The stock has increased 13 percent in the last 12 months.