Aspen Aerogels (ASPN) Misses Q3 EPS by 3c
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Aspen Aerogels, Inc. Reports Third Quarter 2018 Financial Results and Recent Business Developments
November 1, 2018 4:17 PM EDTNORTHBOROUGH, Mass., Nov. 1, 2018 /PRNewswire/ --Â Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen Aerogels") today announced financial results for the third quarter of 2018, which ended September 30, 2018, and discussed recent business developments.
Total revenue for the third quarter was $23.9 million compared to $27.2 million in the third quarter last year. Third quarter net loss was $6.5 million compared to $3.1 million in the third quarter of 2017. Net loss per share for the third quarter was $0.27 compared to $0.13 in the third quarter last year.
Adjusted EBITDA for the third quarter was $(2.7) million compared to $1.1 million... More
