With Q1 earnings behind most electric vehicle (EV) companies, it is time to reassess the market and investor positioning, identifying promising EV stocks to buy. The latest market growth forecast by BloombergNEF remains positive. This holds true despite the high entry cost and EV saturation in China.North American EV sales are forecast to grow by 31% in 2024 from 49% in 2023. But, the EU market is heading for a slump due to faltering economy and subsidy cuts. This leaves the Euro market with only a 10% sale ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

Fred UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of exchange on which registered Common Stock, par value $0.00001 per share ASPN The New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Co ...

Aspen Aerogels, Inc. (NYSE:ASPN) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Neal Baranosky - Senior Director of Corporate Strategy & Finance Don Young - President & Chief Executive Officer Ricardo Rodriguez - Chief Financial Officer & Treasurer Conference Call Participants George Gianarikas - Canaccord Colin Rusch - Oppenheimer Eric Stine - Craig-Hallum Chris Souther - B. Riley Chip Moore - ROTH Tom Curran - Seaport Research Partners Jeff Osborne - TD Cowen Ben Johnson - Pi ...

May 2, 2024 ASPEN AEROGELS Q1 2024 FINANCIAL RESULTS CALL Disclaimer on Forward Looking Statements This presentation and any related discussion contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results ...

Revenue more than doubled year over year as the company's core product gains traction.Aspen Aerogels (ASPN 47.86%) easily beat quarterly expectations and said revenue more than doubled from a year ago. Investors are buying in, sending shares of the advanced materials company up 38% as of 10:30 a.m. ET.Revenue is surgingAspen makes materials designed to improve the efficiency of lithium batteries, among other uses. The company lost $0.02 per share in the first quarter of 2024, it reported yesterday, on reven ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 107.69%. A quarter ago, it was expected that this maker of insulation products would post a loss of $0.12 per share when it actually produced a loss of $0.01, delivering a surprise of 91.67%.Over the last four ...

Exhibit 99.1 Aspen Aerogels, Inc. Reports First Quarter 2024 Financial Results and Recent Business Highlights For Immediate Release $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 — Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced finan ...

$94.5 million in company revenue drove 37% gross profit margins and $12.9 million of Adjusted EBITDARaising 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. Total revenue for the first quar ...

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 was also honored with an Innovation Partnership Award recognizing its extensive collaboration with General Moto ...