Aspen Aerogels Q4 revenue $59.6M (+90% YoY); FY2022 revenue $180.4M (+48%), net loss $82.7M

ASPEN AEROGELS INC

2022-FY EPS reported -$2.10 revenue$180,364,000

Q4 revenue $59.6M, up 90% YoY from $31.5M.
Q4 net loss $9.6M ($0.20 per share) vs $16.4M loss ($0.50) in Q4 2021.
FY2022 revenue $180.4M, up 48% from $121.6M in 2021.
FY2022 net loss $82.7M ($2.10 per share) vs $37.1M loss ($1.22) in 2021.
Adjusted EBITDA loss improved to $4.5M in Q4 from $12.2M in prior year.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ASPEN AEROGELS INC reported the fourth quarter of 2022 results: revenue $59.6 million, net income $9.6 million, EPS $0.20.

Period: the fourth quarter of 2022
Revenue: $59.6 million
Net income: $9.6 million
EPS: $0.20
Result: reported results

Exact text from the filing

Total revenue for the fourth quarter of 2022 was $59.6 million, compared to $31.5 million in the fourth quarter last year. Fourth quarter net loss was $9.6 million, compared to a net loss of $16.4 million in the fourth quarter of 2021. Net loss per share for the fourth quarter was $0.20, compared to $0.50 in the fourth quarter last year.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ASPEN AEROGELS INC reported the fiscal year 2022 results: revenue $180.4 million, net income $82.7 million, EPS $2.10.

Period: the fiscal year 2022
Revenue: $180.4 million
Net income: $82.7 million
EPS: $2.10
Result: reported results

Exact text from the filing

Total revenue for the full year was $180.4 million, compared to $121.6 million in 2021. Net loss for the year was $82.7 million, compared to a net loss of $37.1 million in 2021. Net loss per share for the year was $2.10, compared to $1.22 in 2021.

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Source: SEC EDGAR

accession 0000950170-23-002903

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