Aspen Aerogels, Inc. Reports Third Quarter 2024 Financial Results and Recent Business Highlights
Provided By PR Newswire
Last update: Nov 6, 2024
$117.3 million in quarterly revenue, led by $90.6 million of Thermal Barrier revenue
Continued cost discipline delivered 42% company gross margins and 22% Adjusted EBITDA margins
Increased 2024 Financial Outlook to $450 million of revenue, $9 million of net income, and $90 million of Adjusted EBITDA
Various financing activities completed to fully-fund growth strategy
