Associated tags: EV, EVS, Cell, ASPN, Aspen, NYSE, Webcast
Locations: NEW YORK, NY, GA, ENGLAND, LONDON, GERMANY, SWEDEN, MASSACHUSETTS, NORTH AMERICA, ASIA, EUROPE, CA, OPPENHEIMER, TD, LOS ANGELES
Quarter,
News,
Yoy,
OEM,
Automotive News,
Original equipment manufacturer,
General Motors,
EV,
Aspen,
PACE,
GM,
Ratio,
ASPN,
Adjustment,
Ultium NORTHBOROUGH, Mass., May 1, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the first quarter of 2024, and discussed recent business developments.
Key Points:
- NORTHBOROUGH, Mass., May 1, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the first quarter of 2024, and discussed recent business developments.
- Total revenue for the first quarter of 2024 was $94.5 million, compared to $45.6 million in the first quarter of 2023.
- Net loss was $1.8 million, compared to a net loss of $16.8 million in the first quarter of 2023.
- Adjusted EBITDA for the first quarter of 2024 was $12.9 million, compared to $(13.9) million in the first quarter of 2023.
General Motors,
Safety,
News,
Shorthand,
Partnership,
Automotive News,
Original equipment manufacturer,
Aspen,
Engineering,
EV,
PACE,
ASPN Automotive News' PACE program is recognized globally as the most prestigious innovation award for automotive suppliers.
Key Points:
- Automotive News' PACE program is recognized globally as the most prestigious innovation award for automotive suppliers.
- The Automotive News PACE Award recognizes PyroThin C2C barriers as an industry-leading solution for thermal runaway propagation.
- Aspen was also honored with an Innovation Partnership Award to celebrate its engineering collaboration utilizing tunable PyroThin technology for General Motors' Ultium battery platform.
- The PACE Innovation Partnership Award commends automotive OEMs and suppliers that work closely together to bring an innovation to market.
Virtual,
CFO,
EDT,
The Beverly Hilton,
Sustainable energy,
Conference,
Fireside chats,
Fireside,
ASPN,
Kathy Hilton,
Cryptocurrency NORTHBOROUGH, Mass., April 25, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to participate in the following investor events in May: (i) Oppenheimer 9th Annual Emerging Growth Conference, (ii) TD Cowen's 2nd Annual Sustainability Week, and (iii) B. Riley's 24th Annual Institutional Investor Conference.
Key Points:
- NORTHBOROUGH, Mass., April 25, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to participate in the following investor events in May: (i) Oppenheimer 9th Annual Emerging Growth Conference, (ii) TD Cowen's 2nd Annual Sustainability Week, and (iii) B. Riley's 24th Annual Institutional Investor Conference.
- The presentation materials utilized during the conferences will be available on the Investor Relations section of Aspen's website at www.aerogel.com .
- For those interested in arranging a one-on-one meeting with Aspen management, please contact your Oppenheimer representative.
- For those interested in arranging a one-on-one meeting with Aspen management, please contact your B. Riley representative.
Key Points:
- ET.
- The Company also expects to release financial results for the first quarter on Wednesday, May 1, 2024, after the market close.
- Shareholders and other interested parties may participate in the conference call by dialing +1 (833) 470-1428 (domestic) or +1 (929) 526-1599 (international) and referencing conference ID "917527" a few minutes before 8:30 a.m.
- In addition, the conference call and an accompanying slide presentation will be available live as a listen-only webcast hosted on the Investor Relations section of Aspen's website, at www.aerogel.com .
NORTHBOROUGH, Mass., April 9, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to present at RBC Capital Markets' Battery Value Chain Conference on Tuesday, April 23, 2024, to be held at the Nobu Hotel London Portman Square, London, England.
Key Points:
- NORTHBOROUGH, Mass., April 9, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to present at RBC Capital Markets' Battery Value Chain Conference on Tuesday, April 23, 2024, to be held at the Nobu Hotel London Portman Square, London, England.
- The presentation materials utilized during the conference will be available on the Investor Relations section of Aspen's website at www.aerogel.com .
- In addition, the conference will feature a "How to Build a Gigafactory" Panel with Mr. Rodriguez, hosted by RBC Capital Markets' Managing Director, Investment Banking, Paul Betts.
- For those interested in arranging a one-on-one meeting with Aspen management, please contact your RBC Capital Markets representative.
Retrieved on:
Monday, February 12, 2024
EV,
General Motors,
Investment,
Plant,
Capital expenditure,
EST,
Growth,
Insulator (electricity),
Nature,
Adjustment,
Ratio,
LPO,
GAAP,
Mercedes-Benz,
Webcast,
Silver medal,
ACC,
DOE,
Bank statement,
Depreciation,
Bank NORTHBOROUGH, Mass., Feb. 12, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the fourth quarter and full year 2023, which ended December 31, 2023, and discussed recent business developments.
Key Points:
- An explanation of this non-GAAP financial measure is also included below under the heading "Non-GAAP Financial Measures."
- A conference call with Aspen management to discuss fourth quarter and fiscal 2023 results and recent business developments will be held Tuesday, February 13, 2024 at 8:30 a.m. EST.
- During the call, management will respond to questions concerning, but not limited to, Aspen's financial performance, business conditions, and financial outlook.
- Management strongly encourages investors to review Aspen's financial statements and publicly filed reports in their entirety and not rely on any single financial measure.
Retrieved on:
Tuesday, January 30, 2024
NORTHBOROUGH, Mass., Jan. 30, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to present at Wolfe Research's Global Auto and Auto Tech Conference on Thursday, February 15, 2024, to be held at the Wolfe Office, New York, NY.
Key Points:
- NORTHBOROUGH, Mass., Jan. 30, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to present at Wolfe Research's Global Auto and Auto Tech Conference on Thursday, February 15, 2024, to be held at the Wolfe Office, New York, NY.
- The presentation materials utilized during the conference will be available on the Investor Relations section of Aspen's website at www.aerogel.com .
- In addition, the conference will feature an EV Adoption Panel with Mr. Rodriguez, hosted by Wolfe Research's senior equity research analyst Rod Lache, Managing Director.
- For those interested in arranging a one-on-one or small group meeting with Aspen management, please contact your Wolfe Research representative.
Retrieved on:
Tuesday, January 23, 2024
The Company also expects to release financial results for the fourth quarter on Monday, February 12, 2024, after the market close.
Key Points:
- The Company also expects to release financial results for the fourth quarter on Monday, February 12, 2024, after the market close.
- Shareholders and other interested parties may participate in the conference call by dialing +1 (833) 470-1428 (domestic) or +1 (929) 526-1599 (international) and referencing conference ID "939782" a few minutes before 8:30 a.m. EST on Tuesday, February 13, 2024.
- In addition, the conference call and an accompanying slide presentation will be available live as a listen-only webcast hosted on the Investors section of Aspen's website, www.aerogel.com .
- A replay of the webcast will be available on the Investor Relations section of the Aspen Aerogels website at www.aerogel.com , where it will remain available for approximately one year after the conference call.
Retrieved on:
Thursday, January 11, 2024
NORTHBOROUGH, Mass., Jan. 11, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced preliminary full year 2023 revenue results, a preliminary 2024 revenue outlook, and the initial shipments through its supplemental aerogel supply for its Energy Industrial business.
Key Points:
- "The successful launch of our supplemental supply provides critical capacity that we believe will enable our Energy Industrial business to live up to its full demand potential," commented Don Young, Aspen's President and CEO.
- Ricardo C. Rodriguez, Chief Financial Officer and Treasurer added, "There's potential for further growth beyond our current 2024 expectations.
- Aspen expects to release actual financial results for the fourth quarter on Monday, February 12, 2023, following the market close.
- In addition to providing financial measurements based on generally accepted accounting principles in the United States of America ("GAAP"), Aspen provides an additional financial metric that is not prepared in accordance with GAAP ("non-GAAP").
Retrieved on:
Wednesday, December 20, 2023
The offering is expected to close on December 22, 2023, subject to customary closing conditions.
Key Points:
- The offering is expected to close on December 22, 2023, subject to customary closing conditions.
- All of the shares in the offering are being sold by Aspen.
- The gross proceeds to Aspen from this offering are expected to be approximately $75 million.
- The offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No.
