Aspen Aerogels: Q1 Earnings Insights

Aspen Aerogels ASPN reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Aspen Aerogels beat estimated earnings by 38.46%, reporting an EPS of $-0.24 versus an estimate of $-0.39.

Revenue was up $7.18 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 11.13% increase in the share price the next day.

Here's a look at Aspen Aerogels's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.3 -0.57 -0.58 -0.48
EPS Actual -0.2 -0.75 -0.68 -0.59
Revenue Estimate 57.45M 50.01M 39.02M 32.37M
Revenue Actual 59.61M 36.71M 45.64M 38.41M

To track all earnings releases for Aspen Aerogels visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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