Aspen Aerogels has transformed from an industrial insulation supplier to a key EV sector player, showing significant revenue growth and operating leverage. Despite impressive results and DOE funding news, shares fell due to a low-priced equity issue, concerns over EV demand, and uncertainty about a new factory. Shares dropped nearly 50% in a month, with third quarter sales up 93% YoY, driven by...
Aspen will also participate in upcoming conferences hosted by Craig-Hallum, Bernstein, and Janney NORTHBOROUGH, Mass. , Nov. 12, 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 the fourth quarter ...
Aspen Aerogels, Inc. (NYSE:ASPN ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Neal Baranosky – Senior Director of Corporate of Strategy & Finance Donald R. Young – President and CEO Ricardo C.
$117.3 million in quarterly revenue, led by $90.6 million of Thermal Barrier revenue Continued cost discipline delivered 42% company gross margins and 22% Adjusted EBITDA margins Increased 2024 Financial Outlook to $450 million of revenue, $9 million of net income, and $90 million of Adjusted EBITDA Various financing activities completed to fully-fund growth strategy NORTHBOROUGH, Mass. , Nov. ...
Aspen Aerogels has transformed from an insulation supplier to a key player in the EV sector, showing strong revenue growth and operating leverage. Despite impressive quarterly results and preliminary DOE funding for a new plant, concerns about EV demand remain. The company raised $85 million through a share issuance, despite holding over $100 million in cash, raising questions about future fund...
NORTHBOROUGH, Mass. , Oct. 21, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the pricing of an underwritten public offering of 4,250,000 shares of its common stock at a public offering price of $20.00 per share.
NORTHBOROUGH, Mass. , Oct. 21, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that it has commenced an underwritten public offering of 4,250,000 shares of its common stock.
This diverse set of growth stocks offers tremendous opportunities in the fields of AI, space, biotech, and emerging industries.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.