secwatch.observer — SEC 8-K summary
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Issuer:     ASPEN AEROGELS INC (ASPN)
CIK:        0001145986
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000950170-23-057500
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aspen Aerogels Q3 revenue record $60.8M; PyroThin revenue $32.8M up 160% QoQ
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- Record total revenue of $60.8M, up from $36.7M in Q3 2022.
- PyroThin revenue of $32.8M, a 160% sequential increase over Q2 2023.
- Gross profit margin of 23%, a 6-percentage point improvement vs. prior quarter.
- Net loss improved to $13.1M ($0.19 per share) from $29.6M ($0.75) a year ago.
- Adjusted EBITDA loss narrowed to $(7.3)M from $(23.2)M in Q3 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145986/000095017023057500/0000950170-23-057500-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145986/000095017023057500/aspn-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-057500

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