secwatch.observer — SEC 8-K summary
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Issuer:     ASPEN AEROGELS INC (ASPN)
CIK:        0001145986
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0000950170-24-013840
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 Q4 revenue $84.2M (+41% YoY), gross margin 35%, adjusted EBITDA $9.1M
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- Q4 revenue $84.2M (+41% YoY), net loss $0.5M ($0.01 EPS) vs loss $9.6M a year ago.
- Gross margin 35%, up 12 points QoQ; adjusted EBITDA $9.1M vs loss $4.5M prior Q.
- Thermal Barriers segment revenue $52.9M (+110% YoY); Energy Industrial $31.3M (-9%).
- FY2023 revenue $238.7M (+32% YoY), net loss $45.8M ($0.66 EPS) improved from $82.7M.
- FY2023 results beat initial outlook midpoint for revenue, adjusted EBITDA, and capex.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145986/000095017024013840/0000950170-24-013840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145986/000095017024013840/aspn-20240212.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-013840

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