Aspen Group, Inc.·Consumer Defensive

NORTHBOROUGH, Mass., April 09, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE: ASPN) (“Aspen” or the "Company") today confirmed an incident occurred on the evening of April 8, 2026, at its manufacturing facility in East Providence, Rhode Island.

NEW YORK, March 31, 2026 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced it has provided $32,567,000 in Freddie Mac financing, for the acquisition of Aspen Ridge Apartments, a 253-unit multifamily property located in West Chicago, Illinois. The financing was originated by Eric Rosenstock, Senior Managing Director at Greystone, on behalf of Bayshore Properties.

LOS ANGELES, March 23, 2026 (GLOBE NEWSWIRE) -- United States University (USU), a subsidiary of the parent company Aspen Group, Inc. ("AGI") (OTCQB: ASPU), today announced a new strategic alliance with PLAY MUSIC-ENJOY LIFE! (PMEL) and RADCO Music Group, LLC, a multi-award-winning Music and Wellness organization based in the Greater Los Angeles area.

NORTHBOROUGH, Mass., March 16, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE: ASPN) (“Aspen” or the “Company”), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to participate in the 38th Annual Roth Conference on Monday, March 23, to be held at the Ritz Carlton in Laguna Niguel, CA.

Q3 Fiscal 2026 Highlights (compared to Q3 Fiscal year 2025) Record net income of $1.4 million versus net loss of $(1.0) million in Q3 FY2025 Operating expenses reduced 18% year-over-year, driving operating income of $1.7 million and 17% operating margin Adjusted EBITDA of $3.0 million (29% margin), up from $1.7 million (15% margin) in the prior-year quarter 2 Fifth consecutive quarter of positive operating cash flow, reaching $1.0 million PHOENIX, March 16, 2026 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCQB: ASPU) (“AGI” or the “Company”), an education technology holding company, today announced financial results for its third quarter of fiscal year 2026 ended January 31, 2026. Third Quarter Fiscal Year 2026 Summary Results Three Months Ended January 31, Nine Months Ended January 31, $ in millions, except per share data 2026 2025 2026 2025 Revenue $ 10.4 $ 10.9 $ 33.0 $ 33.7 Gross Profit1 $ 7.9 $ 7.5 $ 24.7 $ 23.1 Gross Margin (%)1 76 % 68 % 75 % 69 % Net Income (Loss) $ 1.4 $ (1.0 ) $ 2.5 $ (2.2 ) Earnings (Loss) per Share - Basic $ 0.04 $ (0.04 ) $ 0.08 $ (0.09 ) Earnings (Loss) per Share - Diluted $ 0.03 $ (0.04 ) $ 0.06 $ (0.09 ) EBITDA2 $ 2.3 $ 0.1 $ 5.4 $ 1.3 Adjusted EBITDA2 $ 3.0 $ 1.7 $ 7.3 $ 3.7 _______________________ 1 GAAP gross profit calculation includes marketing and promotional costs, instructional costs and services, and amortization expense of $0.4 million and $0.4 million; and $1.1 million and $1.4 million for the three and nine months ended January 31, 2026, and 2025, respectively.

Matt LaVay Appointed Chief Executive Officer; Michael Mathews to Become Executive Chairman Matt LaVay Appointed Chief Executive Officer; Michael Mathews to Become Executive Chairman
Aspen Group, Inc., an education technology company, provides online higher education services in the United States. The company offers baccalaureate, master's, and doctoral degree programs in nursing and health sciences, business and technology, arts and sciences, and education fields through Aspen University and United States University. As of April 30, 2022, it had 13,334 degree-seeking students enrolled. Aspen Group, Inc. was founded in 1987 and is based in New York, New York.
Consumer Defensive
Education & Training Services
312
2012-03-29
-1.11