Aspen Aerogels, Inc. revised earnings guidance for the year ending December 31, 2023. For the year, the company now expects total revenue to be greater than $225.0 million, as compared to the previous range of $200.0 million and $250.0 million. Net loss is expected to range between $62.4 million and $52.4 million, as compared to the previous range of $85.0 million and $75.0 million.

Net loss per share is expected to range between $0.90 and $0.76, as compared to the previous range of $1.21 and $1.07.