Aspen Aerogels (NYSE:ASPN) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Aspen Aerogels beat estimated earnings by 38.46%, reporting an EPS of $-0.24 versus an estimate of $-0.39.
Revenue was up $7.18 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 11.13% increase in the share price the next day.
Here’s a look at Aspen Aerogels’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.3 | -0.57 | -0.58 | -0.48 |
| EPS Actual | -0.2 | -0.75 | -0.68 | -0.59 |
| Revenue Estimate | 57.45M | 50.01M | 39.02M | 32.37M |
| Revenue Actual | 59.61M | 36.71M | 45.64M | 38.41M |
To track all earnings releases for Aspen Aerogels visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
