U.S. Markets closed

Aspen Aerogels: 2Q Earnings Snapshot

NORTHBOROUGH, Mass. (AP) _ Aspen Aerogels Inc. (ASPN) on Thursday reported a loss of $5.3 million in its second quarter.

The Northborough, Massachusetts-based company said it had a loss of 22 cents per share.

The maker of insulation products posted revenue of $29.5 million in the period.

Aspen Aerogels expects full-year earnings to be 53 cents to 60 cents per share, with revenue in the range of $126 million to $134 million.

Aspen Aerogels shares have nearly tripled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.20, a rise of 20% 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