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Recap: Aspen Aerogels Q2 Earnings

Aspen Aerogels (NYSE:ASPN) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM. Here's what investors need to know about the announcement.

Benzinga · 07/27/2022 18:00

Aspen Aerogels (NYSE:ASPN) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Aspen Aerogels missed estimated earnings by 17.24%, reporting an EPS of $-0.68 versus an estimate of $-0.58.

Revenue was up $13.97 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 3.43% drop in the share price the next day.

Here's a look at Aspen Aerogels's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.48 -0.29 -0.26 -0.26
EPS Actual -0.59 -0.50 -0.35 -0.23
Revenue Estimate 32.37M 34.46M 27.55M 26.10M
Revenue Actual 38.41M 31.48M 30.38M 31.67M

To track all earnings releases for Aspen Aerogels VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.