Aspen Aerogels Q3 revenue up 21% YoY to $36.7M but net loss widens to $29.6M

ASPEN AEROGELS INC

2022-Q3 EPS reported -$2.03 revenue$120,753,000

Total revenue $36.7M in Q3 2022, compared to $30.4M in Q3 2021.
Net loss of $29.6M ($0.75 per share) vs net loss of $7.8M ($0.24) in prior year.
Adjusted EBITDA loss of $(23.2)M vs $(7.8)M loss in the year-ago quarter.

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 third quarter of 2022 results: revenue $36.7 million, net income $29.6 million, EPS $0.75.

Period: third quarter of 2022
Revenue: $36.7 million
Net income: $29.6 million
EPS: $0.75
Result: reported results

Exact text from the filing

Total revenue for the third quarter of 2022 was $36.7 million, compared to $30.4 million in the third quarter last year. Third quarter net loss was $29.6 million, compared to a net loss of $7.8 million in the third quarter of 2021. Net loss per share for the third quarter was $0.75, compared to $0.24 in the third quarter last year.

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Source: SEC EDGAR

accession 0001564590-22-035328

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