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Aspen Aerogels: 4Q Earnings Snapshot

NORTHBOROUGH, Mass. (AP) _ Aspen Aerogels Inc. (ASPN) on Thursday reported a loss of $14.1 million in its fourth quarter.

On a per-share basis, the Northborough, Massachusetts-based company said it had a loss of 59 cents. Losses, adjusted for asset impairment costs, came to 35 cents per share.

The maker of insulation products posted revenue of $35.7 million in the period.

For the year, the company reported that its loss widened to $34.4 million, or $1.45 per share. Revenue was reported as $104.4 million.

Aspen Aerogels expects a full-year loss of 61 cents to 53 cents per share, with revenue in the range of $126 million to $134 million.

In the final minutes of trading on Thursday, the company's shares hit $3.59. A year ago, they were trading at $4.44.


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