MARKET COMPOSITE
ASPN - Aspen Aerogels Inc.3:53:02 PM 4/24/2024
Price
$16.48
-0.15 (-0.90%)
Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets worldwide. The company offers Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating systems; Pyrogel HPS for applications within the power generation market; Pyrogel XTF to provide protection against fire; Cryogel Z for sub-ambient and cryogenic applications in the energy infrastructure market; and Spaceloft Subsea for use in pipe-in-pipe applications in offshore oil production. It also offers Spaceloft Grey and Spaceloft A2 for use in the building materials market; and Cryogel X201, which is used in designing cold systems, such as refrigerated appliances, cold storage equipment, and aerospace systems. In addition, the company provides contract research services under contracts with various agencies of the U.S. government, including the Department of Defense and the Department of Energy, and other institutions. Aspen Aerogels, Inc. was founded in 2001 and is headquartered in Northborough, Massachusetts.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue84.2MM+39%
Gross Profit29.6MM-
Cost Of Revenue54.6MM-
Operating Income1.4MM-109%
Operating Expenses28.2MM-1%
Net Income-519K-96%
R&D4.1MM-3%
G&A15.4MM-3%
Marketing8.8MM+5%
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    Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Ricardo C. Rodriguez, Chief Financial Officer & Treasurer, expect to discuss the Company's financial results for the first quarter ended March 31, 2024, during a conference call scheduled for Thursday, May 2, 2024, at 8:30 a.m. ET. The Company also expects to release financial results for the first quarter on Wednesday, May 1, 2024, after the market close.

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