---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-018331"
form_type: "8-K"
ticker: "ACFN"
cik: "0000880984"
company_name: "ACORN ENERGY, INC."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:57:31.369122+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Acorn Energy Q1 EPS improves to $0.03 from ($0.03) loss; revenue up 21.9%

## Summary
- Net income of $65K vs net loss of $85K in Q1'23; EPS $0.03 vs ($0.03).
- Total revenue $2.13M, +21.9% YoY; hardware revenue +42.1% to $1.03M.
- Monitoring revenue up 7.6% to $1.10M; gross margin 74.6% vs 75.2%.
- CEO: Demand Response programs enrolled with ERCOT; expect modest DR revenue later in 2024.
- Cash $1.42M, no debt; net working capital $2.49M.

## SEC filing metadata
- accession: 0001493152-24-018331
- form_type: 8-K
- ticker: ACFN
- cik: 0000880984
- company_name: ACORN ENERGY, INC.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880984/000149315224018331/0001493152-24-018331-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880984/000149315224018331/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018331
- JSON: https://secwatch.observer/filing/0001493152-24-018331.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018331.txt

## Key facts
- Earnings Releases
  ACORN ENERGY, INC. reported financial results for first quarter ended March 31, 2024 (Q1'24).
  - Period: first quarter ended March 31, 2024 (Q1'24)
  - Result: reported results
  source text: On May 9, 2024, the Registrant issued a press release announcing its 2024 first quarter results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/880984/000149315224018331/0001493152-24-018331-index.htm

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