secwatch.observer — SEC 8-K summary
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Issuer:     ASPEN AEROGELS INC (ASPN)
CIK:        0001145986
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0000950170-23-037235
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aspen Aerogels Q2 net loss narrows to $15.4M; gross margin hits 17%, guidance improved
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- Revenue $48.2M, up from $45.6M YoY; net loss $15.4M vs $24.1M YoY; EPS -$0.22 vs -$0.68.
- Gross margin 17%, a 20-percentage point improvement vs prior year.
- Adjusted EBITDA loss $(10.8)M vs $(18.3)M YoY.
- Reduced 2023 net loss outlook by $17M; expects strong H2 demand growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145986/000095017023037235/0000950170-23-037235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145986/000095017023037235/aspn-20230802.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-037235

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer