Why Aspen Aerogels Stock Popped Today
Aspen Aerogels(ASPN) The Motley Fool·2024-02-14 01:41Shares 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 ...