NORTHBOROUGH, Mass. (AP) _ Aspen Aerogels Inc. (ASPN) on Thursday reported a loss of $16.4 million in its fourth quarter.

On a per-share basis, the Northborough, Massachusetts-based company said it had a loss of 50 cents.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share.

The maker of insulation products posted revenue of $31.5 million in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $35.7 million.

For the year, the company reported that its loss widened to $37.1 million, or $1.22 per share. Revenue was reported as $121.6 million.

Aspen Aerogels expects a full-year loss of $2.07 to $1.95 per share, with revenue in the range of $145 million to $155 million.

Aspen Aerogels shares have decreased 48% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $25.92, a climb of nearly 8% 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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