Aspen aerogels, inc. reports third quarter 2024 financial results and recent business highlights

$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 northborough, mass. , nov. 6, 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 third quarter of 2024, and discussed recent business developments.
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