💨 Abstract
Aspen Aerogels Inc. (ASPN) reported a first-quarter loss of $301.2 million, exceeding Wall Street's expectations for a smaller loss. The company's per-share loss was $3.67, but adjusted losses were 6 cents per share. Revenue was $78.7 million, below forecasts of $82.9 million. For the current quarter, Aspen expects revenue between $70 million and $80 million.
Courtesy: wtop.com
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