Aspen Aerogels sees Q2 EPS (13c)-(5c), consensus 3c

Sees Q2 revenue $70M-$80M, consensus $90.87M. Sees Q2 adjusted EBITDA breakeven to $7M. Sees Q2 capital expenditures less than $10M. Ricardo Rodriguez, CFO and treasurer, noted, “We have the right elements in place to focus on execution and drive performance through a broad range of demand outcomes. A strong balance sheet and continuing efforts to reduce our fixed cost base will ensure that we are not only better positioned for profitability and cash flow generation but can also deliver higher proportional upside as the outlook clears up.”