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home / news releases / aspen aerogels inc aspn q1 2024 earnings call transc


ASPN - Aspen Aerogels Inc. (ASPN) Q1 2024 Earnings Call Transcript

2024-05-02 16:00:07 ET

Aspen Aerogels, Inc. (ASPN)

Q1 2024 Earnings Conference Call

May 02, 2024 08:30 AM ET

Company Participants

Neal Baranosky - Senior Director of Corporate Strategy & Finance

Don Young - President & Chief Executive Officer

Ricardo Rodriguez - Chief Financial Officer & Treasurer

Conference Call Participants

George Gianarikas - Canaccord

Colin Rusch - Oppenheimer

Eric Stine - Craig-Hallum

Chris Souther - B. Riley

Chip Moore - ROTH

Tom Curran - Seaport Research Partners

Jeff Osborne - TD Cowen

Ben Johnson - Piper Sandler

Amit Dayal - H.C. Wainwright

Presentation

Operator

Good morning, and thank you for attending the Aspen Aerogels, Inc. Q1 2024 Financial Results Call. All lines will be muted during the presentation portion of the call with the opportunity for questions-and-answers at the end. I would now like to turn the conference over to your host Neal Baranosky, Aspen, Senior Director, Head of Investor Relations and Corporate Strategy. Thank you. You may now may proceed, Mr. Baranosky

Neal Baranosky

Thank you, Chad. Good morning and thank you for joining us for the Aspen Aerogels first quarter 2024 financial results conference call. With us today are Don Young, President and CEO; and Ricardo Rodriguez, Chief Financial Officer and Treasurer.

There are a few housekeeping items that I would like to address before turning the call over to Don. The press release announcing Aspen's financial results and recent business developments as well as a reconciliation of management's use of non-GAAP financial measures compared to the most applicable US generally accepted accounting principles or GAAP measures is available on the Investors section of Aspen's website, www.aerogel.com.

In addition, I'd like to highlight that we have uploaded to our website a slide deck that will accompany our conversation today. You can find the deck at the Investors section of our website.

On today's call, management will make forward-looking statements about our expectations. These statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include the factors identified in our filings with the SEC. Please review the disclaimer statements on Pages 1 and 2 of the slide deck, as the content of our call will be governed by this language.

During this call, we will refer to non-GAAP financial measures, including adjusted EBITDA. These financial measures are not prepared in accordance with GAAP. These non-GAAP financial measures are not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. The definitions and reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures and a discussion of why we present these non-GAAP financial measures are included in yesterday's press release.

I'd also like to note that from time-to-time, in connection with divesting or pending expiration of restricted stock units and/or stock options issued under our long-term equity incentive program, we expect that our Section 16 officers will file Form 4s to report the sale and or withholding of shares in order to cover the payment of taxes and or the exercise price of options....

For further details see:

Aspen Aerogels, Inc. (ASPN) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Aspen Aerogels Inc.
Stock Symbol: ASPN
Market: NYSE
Website: aerogel.com

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