Aspen Aerogels

Aspen Aerogels, Inc. engages in designing, developing, and manufacturing aerogel insulation used primarily in the energy infrastructure and building materials markets. Its products include Cryogel, Pyrogel, and Spaceloft. The company was founded by Hamed S. Borhanian, Patrick J. Piper, and Kang P. Lee in May 2001 and is headquartered in Northborough, MA.

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Aspen Aerogels reports record revenue and sets ambitious growth targets

Aspen Aerogels achieved record revenue in Q4 2022 and aims for significant growth in 2023.
The company's focus on thermal barrier products and strong financial partnerships position them well.
Challenges include uncertainties around General Motors' decisions and operational transitions.
Opportunities lie in expanding revenue capacity, advanced pricing discussions, and operational efficiency.

Aspen Aerogels reports strong Q1 growth, eyes EV market expansion

Aspen Aerogels' Q1 performance reflects solid revenue growth, strategic investments in EV thermal barriers, and ongoing cost management efforts to drive sustainable growth and profitability.
The company's strengths lie in diversified revenue streams, strong market positioning in the EV sector, and a focus on operational efficiency and quality standards to enhance competitiveness.
While facing challenges in achieving positive EBITDA and navigating regulatory uncertainties, Aspen Aerogels has ample opportunities for growth through EV market expansion, financing optimization, and strategic partnerships.
Overall, Aspen Aerogels' performance in Q1 sets a positive trajectory for future growth, with a clear focus on innovation, operational excellence, and maximizing shareholder value.

Aspen Aerogels reports strong Q2 earnings, eyes EV design wins

Aspen Aerogels' Q2 2023 earnings call highlighted strong financial performance, emphasis on profitability, and confidence in securing design wins with EV OEMs. The company faces challenges in revenue constraints and balancing production timelines but sees opportunities in securing OEM contracts and pursuing LNG projects.

Aspen Aerogels achieves record Q3 revenue, eyes future growth opportunities

Aspen Aerogels reported strong Q3 performance with record revenue and improved outlook for 2023, focusing on profitability and shareholder value.
The company is strategically positioning itself for growth, with a clear roadmap towards $550 million annual revenue and ongoing advancements in technology.
Challenges include delays in integrating products and managing growth, but opportunities lie in new customer acquisitions and revenue expansion.
Overall, Aspen Aerogels is optimistic about future prospects, with a strong foundation in place for continued success and innovation.

Aspen Aerogels (ASPN) reports record revenue and strategic growth focus

Aspen Aerogels (ASPN) reported strong Q4 2023 performance with record revenue and a focus on EV market positioning and profitability goals.
The company faces challenges in material shipments, maintaining margins amidst costs, and ensuring inventory management for sustained growth.
Opportunities include progressing silicon anode activities, additional OEM launches, capacity expansions, and DOE loan potential for growth.
Overall, Aspen Aerogels showcases financial stability, strategic foresight, and market responsiveness in pursuit of growth and profitability.

Aspen Aerogels reports robust Q1 performance and raises 2024 outlook

Aspen Aerogels delivered strong financial performance, raising revenue and adjusted EBITDA outlook for 2024.
The company's focus on operational efficiency, customer relationships, and innovative solutions positions it well for future growth.
Challenges in capacity constraints and gross margin trajectory require careful management to sustain growth momentum.
Opportunities in battery pack designs, OEM collaborations, and Plant II restart offer avenues for expansion and revenue enhancement.

Aspen Aerogels excels in Q3, raises outlook and secures funding

Aspen Aerogels delivered impressive Q3 results, raising revenue outlook and securing significant funding for expansion. The company's focus on profitability and financial strength positions them well for future growth despite existing uncertainties.

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Aspen Aerogels (ASPN) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.22 per share a year ago.

Aspen Aerogels (ASPN) Q2 Earnings and Revenues Surpass Estimates

Record quarterly revenues of $117.8 million, up 25% QoQ and 145% YoY Delivered $16.8 million of quarterly net income and $28.9 million of quarterly Adjusted EBITDA Increased 2024 revenue and profitability outlook for the second consecutive quarter NORTHBOROUGH, Mass. , Aug. 7, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the second quarter of 2024, and discussed recent business developments.

Aspen Aerogels, Inc. Reports Second Quarter 2024 Financial Results and Recent Business Highlights

Aspen Aerogels has exceeded expectations on gross margins and revenue. The company is transitioning from an oil-dependent business to a growth-oriented EV thermal barrier focus. Liquidity concerns due to high capital expenditures are a short-term risk, but long-term prospects are bright.

Aspen Aerogels: 5 Things To Know Before Earnings Call

Aspen Aerogels (ASPN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Aspen Aerogels (ASPN) Reports Next Week: Wall Street Expects Earnings Growth

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Is Aspen Aerogels (ASPN) Stock Outpacing Its Construction Peers This Year?

NORTHBOROUGH, Mass. , July 16, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Ricardo C.

Aspen Aerogels, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call

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Is Aspen Aerogels (ASPN) Outperforming Other Construction Stocks This Year?

Aspen Aerogels (ASPN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Aspen Aerogels (ASPN) Upgraded to Buy: What Does It Mean for the Stock?

NORTHBOROUGH, Mass. , June 19, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to attend the 10th Annual ROTH London Conference from Tuesday, June 25 th through Thursday, June 27 th, 2024, to be held at the Four Seasons Hotel London at Park Lane in London, UK.

Aspen Aerogels to Attend 10th Annual ROTH London Conference

Aspen (ASPN) is set to supply the next-generation electric-only Porsche 718 series to Valmet Automotive.

Aspen (ASPN) Wins PyroThin Design Award From Valmet Automotive

Valmet Automotive design award for the Porsche 718 series is Aspen's sixth OEM award 2024 Financial Outlook remains unchanged NORTHBOROUGH, Mass. , June 13, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced a PyroThin® design award from Valmet Automotive to supply the next generation electric-only Porsche 718 series.

Aspen Aerogels Announces Thermal Barrier Award from Valmet Automotive for Electric Porsche 718 Series and Reiterates 2024 Financial Outlook

Up nearly 100% in 2024, Aspen Aerogels is approaching a new buy point. Aspen stock is a top stock to watch in today's stock market.

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Aspen Aerogels (ASPN) is on the Move, Here's Why the Trend Could be Sustainable

Aspen crushed first-quarter revenue and earnings estimates. Its thermal barrier technology is catching fire with major manufacturers of electric vehicles.

Why Aspen Aerogels Rocketed Higher This Week

Aspen Aerogels easily beat expectations for the quarter, and raised its full-year guidance. The company is working with a handful of automakers to incorporate its technology that makes batteries more efficient.

Why Aspen Aerogels Stock Is Surging Higher Today

Aspen Aerogels (ASPN) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.13 per share. This compares to loss of $0.24 per share a year ago.

Aspen Aerogels (ASPN) Surpasses Q1 Earnings and Revenue Estimates

$94.5 million in company revenue drove 37% gross profit margins and $12.9 million of Adjusted EBITDA Raising 2024 baseline Adjusted EBITDA outlook by 83% Expecting positive net income for 2024 NORTHBOROUGH, Mass. , May 1, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the first quarter of 2024, and discussed recent business developments.

Aspen Aerogels, Inc. Reports First Quarter 2024 Financial Results and Recent Business Highlights

NORTHBOROUGH, Mass. , April 30, 2024  /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, won a coveted Automotive News PACE Award for its PyroThin cell-to-cell (C2C) barrier platform used by leading automotive OEMs globally to improve electric vehicle (EV) battery safety and performance.

Aspen Aerogels Wins Automotive News PACE and Innovation Partnership Awards

NORTHBOROUGH, Mass. , April 25, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to participate in the following investor events in May: (i) Oppenheimer 9th Annual Emerging Growth Conference, (ii) TD Cowen's 2nd Annual Sustainability Week, and (iii) B.

Aspen Aerogels to Participate in May Investor Conferences

NORTHBOROUGH, Mass., April 11, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Ricardo C.

Aspen Aerogels, Inc. Schedules First Quarter 2024 Earnings Release and Conference Call

NORTHBOROUGH, Mass. , April 9, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to present at RBC Capital Markets' Battery Value Chain Conference on Tuesday, April 23, 2024, to be held at the Nobu Hotel London Portman Square, London, England.

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