Acorn Energy Q1 EPS $0.19, revenue $3.1M up 45% YoY

ACORN ENERGY, INC.

2025-Q1 EPS reported $0.19 revenue$3,098,000

Net income $464k ($0.19 diluted EPS) vs $65k ($0.03) in Q1 2024, up 613.8%.
Total revenue $3.098M, +45.3% YoY; hardware +77.6%, monitoring +15.2%.
Large cell tower contract contributed $945k in Q1; expects to complete hardware deliveries in 2025.
Cash improved to $2.6M from $2.3M at year-end; working capital $1.7M.
Initiated Nasdaq uplisting process and considering corporate name change.

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