NORTHBOROUGH, Mass. (AP) — NORTHBOROUGH, Mass. (AP) — Aspen Aerogels Inc. (ASPN) on Thursday reported a loss of $6.3 million in its third quarter.
On a per-share basis, the Northborough, Massachusetts-based company said it had a loss of 8 cents. Losses, adjusted for restructuring costs, came to 6 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The maker of insulation products posted revenue of $73 million in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $74.4 million.
Aspen Aerogels expects a full-year loss of $4.15 to $4.05 per share, with revenue in the range of $270 million to $280 million.
Aspen Aerogels shares have fallen 38% since the beginning of the year. The stock has declined 60% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASPN at https://www.zacks.com/ap/ASPN
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
