Aspen Aerogels: Q1 Earnings Insights

Aspen Aerogels 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.

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.

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.