ACORN ENERGY, INC. reported first quarter ended March 31, 2026 (Q1'26) results: revenue $2,227,000, net income $(77,000), EPS $(0.03).
“comparisons in Q2’26 will again be below Q2’25 due to the impact of the material cell phone provider contract in Q2’25.” Financial Review Q1’26 revenue decreased 28.1% to $2,227,000 versus $3,098,000 in Q1’25, primarily due to a $1,019,000 (55.7%) decrease in hardware revenue, as the prior-year period included significant hardware shipments under the material”
Earnings Releases
ACORN ENERGY, INC. reported financial results for first quarter ended March 31, 2024 (Q1'24).
“On May 9, 2024, the Registrant issued a press release announcing its 2024 first quarter results.”
Earnings Releases
ACORN ENERGY, INC. reported full-year period ended December 31, 2023 results: revenue $8,059,000, net income $119,000, EPS $0.05 per share. Guidance reaffirmed.
“True Guard ® generator monitors and new product sales were partially offset by a decrease in Hero ® cathodic protection product sales. Full year 2023 revenue rose 15.1% to $8,059,000 from $7,000,000 in 2022, largely driven by sales of new products and custom True Guard units and associated installations. Monitoring revenue is amortized over the term of the”
Earnings Releases
ACORN ENERGY, INC. reported fourth quarter (Q4'23) ended December 31, 2023 results: revenue $2,250,000, net income $84,000, EPS $0.03 per share.
“2024 and longer-term. As a result, we have invested in inventory in recent months to support larger C&I orders and expected growth.” Financial Review Q4’23 revenue rose 22.0% to $2,250,000 over Q4’22 revenue of $1,845,000, driven by a 37.0% increase in hardware revenue and a 9.2% increase in monitoring revenue. Q4’23 hardware revenue growth is primarily attributable”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.