Aspen Aerogels Q2 revenue $117.8M (+145% YoY), net income $16.8M, raises 2024 outlook

ASPEN AEROGELS INC

2024-Q2 EPS reported $0.19 revenue$212,271,000

Q2 revenue $117.8M, up 145% YoY and 25% QoQ; net income $16.8M vs loss of $15.4M YoY.
Diluted EPS of $0.21, compared to net loss per share of $0.22 in Q2 2023.
Adjusted EBITDA $28.9M vs $(10.8)M in the prior-year quarter.
Raised 2024 revenue and profitability guidance for the second consecutive quarter.

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