---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-040003"
form_type: "8-K"
ticker: "ACFN"
cik: "0000880984"
company_name: "ACORN ENERGY, INC."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T08:19:11.091138+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Acorn Energy Q3 net income $0.01/share vs loss; revenue up 17%; signs generator dealer deal

## Summary
- Q3 EPS $0.01 (vs. ($0.08) loss); net income $24K vs. $210K loss.
- Revenue $2.09M, +17% YoY; monitoring +13%, hardware +22%.
- Gross margin 74% (from 68%) on improved hardware margin and no inventory write-off.
- Signed non-exclusive reseller agreement with leading US generator dealer; expects 2,500-3,000 connections/yr ($1-2M revenue) starting Q1 2024.
- First Demand Response customers enrolled in Oct; awaiting ERCOT approval for 600 kW backup power.

## SEC filing metadata
- accession: 0001493152-23-040003
- form_type: 8-K
- ticker: ACFN
- cik: 0000880984
- company_name: ACORN ENERGY, INC.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880984/000149315223040003/0001493152-23-040003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880984/000149315223040003/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-040003
- JSON: https://secwatch.observer/filing/0001493152-23-040003.json
- Plain text: https://secwatch.observer/filing/0001493152-23-040003.txt

## Key facts
- Earnings Releases
  ACORN ENERGY, INC. reported third quarter ended September 30, 2023 results: revenue $2,087, net income positive net income, EPS $0.01.
  - Period: third quarter ended September 30, 2023
  - Revenue: $2,087
  - Net income: positive net income
  - EPS: $0.01
  - Result: reported results
  source text: 9M’23 9M’22 Change Monitoring revenue $ 1,083 $ 958 +13.0 % $ 3,172 $ 2,914 +8.9 % Hardware revenue (1) $ 1,004 $ 825 +21.7 % $ 2,637 $ 2,241 +17.7 % Total revenue (2) $ 2,087 $ 1,783 +17.0 % $ 5,809 $ 5,155 +12.7 % Gross profit $ 1,550 $ 1,215 +27.6 % $ 4,356 $ 3,719 +17.1 % Gross margin 74.3 % 68.1 % 75.0 % 72.1 % (1) Q3’23 and 9M’23 include
  evidence_url: https://www.sec.gov/Archives/edgar/data/880984/000149315223040003/0001493152-23-040003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.