secwatch.observer — SEC 8-K summary
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Issuer:     ACORN ENERGY, INC. (ACFN)
CIK:        0000880984
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001641172-25-009172
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880984/000164117225009172/0001641172-25-009172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880984/000164117225009172/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-009172

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer