NORTHBOROUGH, Mass. (AP) _ Aspen Aerogels Inc. (ASPN) on Thursday reported a loss of $7.8 million in its third quarter.

The Northborough, Massachusetts-based company said it had a loss of 24 cents per share. Losses, adjusted to extinguish debt, were 35 cents per share.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share.

The maker of insulation products posted revenue of $30.4 million in the period, which topped Street forecasts. Six analysts surveyed by Zacks expected $27.9 million.

Aspen Aerogels expects a full-year loss of $1.02 to 96 cents per share, with revenue in the range of $122 million to $128 million.

Aspen Aerogels shares have more than doubled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $46.22, more than quadrupling in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASPN at https://www.zacks.com/ap/ASPN

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