💨 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