Brief: Aspen Aerogels, Inc. Reports First Quarter 2023 Financial Results

Aspen Aerogels

03/05/2023 22:54

May 3 (Reuters) - Aspen Aerogels Inc  ASPN.N :
    * ASPEN AEROGELS, INC. REPORTS FIRST QUARTER 2023 FINANCIAL
RESULTS AND RECENT BUSINESS DEVELOPMENTS
    * FY2023 EARNINGS PER SHARE VIEW $-1.34, REVENUE VIEW $234.6
MILLION -- REFINITIV IBES DATA
    * TOTAL REVENUE FOR Q1 OF 2023 WAS $45.6 MILLION, COMPARED
TO
$38.4 MILLION IN Q1 OF LAST YEAR
    * QTRLY NET LOSS PER SHARE WAS $0.24
    * Q1 EARNINGS PER SHARE VIEW $-0.40, REVENUE VIEW $45.1
MILLION --
REFINITIV IBES DATA
    * CAPEX IS REDUCED FROM A RANGE OF $350-400 MILLION TO A
RANGE OF
$100-150 MILLION FOR 2023

Source text for Eikon:  ID:nPncbhs78a 
Further company coverage:  ASPN.N 

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