Aspen Aerogels Reports Q3 Earnings Beat on Revenue and EPS
Aspen Aerogels (ASPN) reported third-quarter financial results that exceeded market expectations for both earnings and revenue. The company posted a Non-GAAP earnings per share (EPS) of $0.11, surpassing estimates by $0.18, while total revenue reached $85.18 million. This revenue figure represents a 16.7% increase compared to the $73.0 million reported in the same period last year. The growth was driven significantly by performance within its Thermal Barrier segment, marking a strong quarterly performance for the company.
Tickers: $ASPN
Topics: earnings beat non-GAAP EPS revenue growth