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Share this article Share this article NORTHBOROUGH, Mass., April 29, 2021 /PRNewswire/ Aspen Aerogels, Inc. (NYSE: ASPN) ( Aspen ) today announced financial results for the first quarter of 2021, which ended March 31, 2021, and discussed recent business developments. Total revenue for the first quarter was $28.1 million compared to $28.4 million in the first quarter last year. First quarter net loss was $6.3 million compared to a net loss of $3.2 million in the first quarter of 2020. Net loss per share for the first quarter was $0.22 compared to $0.13 in the first quarter last year. Adjusted EBITDA for the first quarter was $(2.6) million compared to $0.5 million in the first quarter of 2020. A reconciliation of non-GAAP Adjusted EBITDA to net loss is provided in the financial schedules that are part of this press release. An explanation of this non-GAAP financial measure is also included below under the heading Non-GAAP Financial Measures.

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