NORTHBOROUGH, Mass. (AP) _ Aspen Aerogels Inc. (ASPN) on Thursday reported a loss of $2.3 million in its third quarter.
The Northborough, Massachusetts-based company said it had a loss of 9 cents per share.
The maker of insulation products posted revenue of $35.4 million in the period.
Aspen Aerogels expects a full-year loss of 64 cents to 60 cents per share, with revenue in the range of $130 million to $134 million.
Aspen Aerogels shares have more than doubled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.96, a rise of 66% in the last 12 months.