Shares of Aspen Aerogels (ASPN 15.56%) jumped 15.6% on Tuesday after the sustainability and electrification solutions specialist announced far stronger-than-expected quarterly results.The key to Aspen Aerogels' outperformanceAspen Aerogels' fourth-quarter revenue jumped 41% year over year to $84.2 million, and its net loss narrowed to $519,000, or $0.01 per share, from a loss of $0.20 per share a year earlier. Analysts, on average, were modeling a much wider net loss of $0.12 per share on revenue of $83.8 m ...

Call end: 09:48 Aspen Aerogels, Inc. (NYSE:ASPN) Q4 2023 Earnings Call February 13, 2024 08:30 AM ET Company Participants Neal Baranosky - Senior Director of Corporate Strategy and Finance Don Young - President and CEO Ricardo Rodriguez - CFO Conference Call Participants George Gianarikas - Canaccor Colin Rusch - Oppenheimer Chris Souther - B. Riley Eric Stine - Craig-Hallum Alex Potter - Piper Sandler Tom Curran - Seaport Research Partners Amit Dayal - H.C. Wainwright Operator Good morning and thank you fo ...

When it comes to reporting and trading, small-cap stocks usually get overlooked due to the lack of information, interest, or both. However, in the sea of options, hidden gems hold the potential to increase their value multiple times in the future, and Aspen Aerogels (NYSE: ASPN) might be one of these.A small-cap stock represents publicly traded company shares with a market capitalization typically between $250 million and $2 billion.In their Q4 report 2023, Aspen pre-announced that the total revenue reached ...

Aspen Aerogels (ASPN) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 91.67%. A quarter ago, it was expected that this maker of insulation products would post a loss of $0.29 per share when it actually produced a loss of $0.19, delivering a surprise of 34.48%.Over the last four quarters, the ...

$84.2 million quarterly revenue enabled gross margins of 35% and adjusted EBITDA of $9.1 million NORTHBOROUGH, Mass., Feb. 12, 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 fourth quarter and full year 2023, which ended December 31, 2023, and discussed recent business developments. Total revenue for the fourth quarter of 2023 was $84.2 million, compared to $59. ...

Investors are always looking for stocks that are poised to beat at earnings season and Aspen Aerogels, Inc. (ASPN) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Aspen Aerogels is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a prett ...

Core Viewpoint - Aspen Aerogels (ASPN) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the earnings report expected on February 12, 2024 [1][2]. Financial Expectations - The consensus estimate predicts a quarterly loss of $0.12 per share, reflecting a year-over-year improvement of +40% [2]. - Revenues are projected to reach $83.82 million, marking a 40.6% increase compared to the same quarter last year [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 80% over the last 30 days, indicating a significant reassessment by analysts [2]. - The Most Accurate Estimate for Aspen Aerogels is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +4.35% [5]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [4]. - Aspen Aerogels currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [5][6]. Historical Performance - In the last reported quarter, Aspen Aerogels was expected to post a loss of $0.29 per share but actually reported a loss of $0.19, resulting in a surprise of +34.48% [7]. - The company has successfully beaten consensus EPS estimates in all of the last four quarters [7]. Industry Comparison - Masco (MAS), another player in the building products industry, is expected to report earnings of $0.66 per share, reflecting a year-over-year change of +1.5%, with revenues expected to decline by 7.7% to $1.77 billion [9]. - Masco's consensus EPS estimate has been revised 0.6% higher, but its Earnings ESP is -1.25%, combined with a Zacks Rank of 4, indicating challenges in predicting an earnings beat [9].

NORTHBOROUGH, Mass., Jan. 30, 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 Wolfe Research's Global Auto and Auto Tech Conference on Thursday, February 15, 2024, to be held at the Wolfe Office, New York, NY. The presentation materials utilized during the conference will be available on the Investor Relations section of Aspen's website at www.ae ...

NORTHBOROUGH, Mass., Jan. 23, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) (the "Company") today announced that Don Young, President & Chief Executive Officer, and Ricardo C. Rodriguez, Chief Financial Officer & Treasurer, expect to discuss the Company's financial results for the fourth quarter and year ended December 31, 2023, during a conference call scheduled for Tuesday, February 13, 2024, at 8:30 a.m. EST. The Company also expects to release financial results for the fourth quarter on Monday, ...

Aspen Aerogels, Inc. (ASPN) provided preliminary revenue results for the fourth quarter and 2023, a preliminary 2024 revenue outlook and the initial shipments through its supplemental aerogel supply for its Energy Industrial business.For fourth-quarter 2023, ASPN generated revenues of $84 million, up 38% quarter over quarter. Segment-wise, PyroThin thermal barrier revenues grew 61% quarter over quarter to $53 million. Energy Industrial revenues of $31 million were also up 11% quarter over quarter.In the fou ...