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ACORN ENERGY, INC. (ACFN) Create: Alert

All | News | Filings
Date FiledTypeDescription
08/10/2023 8-K Quarterly results
Docs: "Acorn Achieves Net Income and Positive Cash Flow as Q2 Revenue Rises 22% from Remote Monitoring and Control Solutions for Backup Generators and Gas Pipelines Investor Call Today at 11am ET - Dial-in # 1-844-834-0644 Wilmington, DE – August 10, 2023 – Acorn Energy, Inc . , a provider of remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other critical industrial equipment, announced results for its second quarter ended June 30, 2023 . Acorn generated positive net income and cash flow on Q2’ 23 revenue growth of 22% and cash basis revenue growth of 33%. Acorn is hosting a conference call today at 11:00 a.m. ET . Summary Financial Results Q2’ 23 Q2’ 22 Change 6M’ 23 6M’ 22 Change Monitoring revenue $ 1,065 $ 966 +10.2% $ 2,089 $ 1,956 +6...."
05/11/2023 8-K Quarterly results
Docs: "Remote Monitoring and Control Solutions Provider Acorn Trims Q1 Net Loss with Higher Gross Profit Dial-in: 1-844-834-0644 for Investor Call Today at 11am ET Wilmington, DE – May 11, 2023 – Acorn Energy, Inc. , a provider of remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other critical industrial equipment, announced results for its first quarter ended March 31, 2023 . An increase in higher-margin monitoring revenue offset a decrease in hardware revenue, generating greater gross profit and a meaningful reduction in Acorn’ s Q1’ 23 net loss vs. Q1’ 22. Acorn will host a conference call today at 11:00 a.m. ET to review its results, its outlook and to answer investor questions . Summary Financial Results – GAAP Q1’ 23 Q1’ 22 % Chg. Ha..."
03/16/2023 8-K Quarterly results
Docs: "Acorn, Provider of Remote Industrial Monitoring and Control, IoT Solutions, Reports Revenue Growth in Q4 and Fiscal Year 2022 Dial-in: 1-844-834-0644 for Today’ s 11am ET Investor Call Wilmington, DE – March 16, 2023 – Acorn Energy, Inc . , a provider of remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other industrial equipment, announced results for its fourth quarter and full-year periods ended December 31, 2022, with higher revenue, gross profit and improved gross margin in both of the respective periods. Acorn will host a conference call today at 11:00 a.m. ET to review its results and outlook and answer investor questions . Summary Financial Results – GAAP Basis Q4’ 22 Q4’ 21 Change 2022 2021 Change Hardware revenue $ 847 $ 754..."
11/10/2022 8-K Quarterly results
08/12/2022 8-K Quarterly results
Docs: "Remote Monitoring & Control Solutions Provider Acorn Reports Q2 Results Reflecting Growth in Hardware Sales and Improved Gross Margin Investor Call Today at 11am ET Wilmington, DE – August 12, 2022 – Acorn Energy, Inc . , a provider of Internet of Things remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other industrial equipment, announced results for its second quarter ended June 30, 2022, driven by increased hardware revenue and continued improvement in gross margin. Acorn will host an investor call today at 11:00 a.m. ET to review its results and outlook and to answer investor questions . Summary Financial Results Q2’ 22 Q2’ 21 Change 6M’ 22 6M’ 21 Change Monitoring revenue $ 966 $ 1,017 -5.0 % $ 1,956 $ 2,025 -3.4 % Hardware reve..."
05/13/2022 8-K Quarterly results
03/31/2022 8-K Quarterly results
Docs: "Acorn, Provider of Remote Monitoring & Control Solutions, Maintains Strong Momentum, Wraps up FY2021 with 27% YoY Growth in Cash-Basis Sales Investor Call Today at 11am ET Wilmington, DE – March 31, 2022 – Acorn Energy, Inc . , a provider of Internet of Things remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other industrial equipment, announced results for its fourth quarter and full-year periods ended December 31, 2021, with higher revenue, gross profit and improved gross margin in the respective periods. Acorn will host a conference call today at 11:00 a.m. ET to review its results and outlook and to answer investor questions . Summary Financial Results – GAAP Basis 2021 2020 Change Q4’ 21 Q4’ 20 Change Monitoring revenue $ 4,030 ..."
11/10/2021 8-K Quarterly results
Docs: "Remote Monitoring and Control Solutions Provider Acorn Extends Double-Digit Growth in Revenue and Gross Profit; Investor Call Today 11am ET Wilmington, DE – November 10, 2021 – Acorn Energy, Inc . , a provider of Internet of Things remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other industrial equipment, announced improved results for the year-to-date and third-quarter periods ended September 30, 2021. Summary Financial Results 9M’ 21 9M’ 20 Change Q3’ 21 Q3’ 20 Change Monitoring revenue $ 3,030 $ 2,823 +7.3 % $ 1,005 $ 970 +3.6 % Hardware revenue $ 1,992 $ 1,500 +32.8 % $ 701 $ 547 +28.2 % Total revenue * $ 5,022 $ 4,323 +16.2 % $ 1,706 $ 1,517 +12.5 % Gross profit $ 3,674 $ 3,021 +21.6 % $ 1,242 $ 1,077 +15.3 % Gross margin 73.2..."
05/12/2021 8-K Quarterly results
03/16/2021 8-K Quarterly results
11/12/2020 8-K Quarterly results
Docs: "Acorn Generates Positive Operating Cash Flow in Q3 on 9% Revenue Growth & 17% Gross Profit Growth in Remote Monitoring & Control Wilmington, DE – November 12, 2020 – Acorn Energy, Inc. , a provider of Internet of Things remote monitoring and control solutions for stand-by generators, gas pipelines, air compressors and other industrial equipment through its OmniMetrix subsidiary, today announced results for its third quarter ended September 30, 2020. Acorn will host an investor call today at 11:00 a.m. ET to discuss its results and outlook . Jan Loeb, Acorn’ s CEO, commented, “Our Q3 results again demonstrated our business’ s resilience despite COVID-19 challenges. We achieved 9% revenue growth over Q3’ 19, a gross margin of 71%, and our cash balance increased by $206,000. We also reduced o..."
08/12/2020 8-K Quarterly results
05/13/2020 8-K Quarterly results
03/25/2020 8-K Quarterly results
Docs: "Acorn Achieves Solid Bottomline Improvement in 2019 on 8% Revenue Increase; New Veteran IoT Executive Heads Expanded Sales & Marketing Effort; Investor Call Tomorrow at 11am ET Wilmington, DE – March 25, 2020 – Acorn Energy, Inc . , a provider of remote monitoring and control systems and IoT services for generators, pipelines, compressors and other industrial equipment through its operating subsidiary, OmniMetrix, today announced results for its fourth quarter and year ended December 31, 2019. Acorn will host an investor call tomorrow at 11:00 a.m. ET to discuss its business outlook . Jan Loeb, Acorn’ s CEO, commented, “We extended our trend of growth and higher gross margins in the fourth quarter, achieving an operating profit of $83,000 at OmniMetrix, versus a loss of $34,000 in Q4’ 18. ..."
11/14/2019 8-K Quarterly results
05/15/2019 8-K Quarterly results
Docs: "Acorn Delivers Improved Q1 Top- and Bottom-Line Performance Reflecting Continued Revenue Growth and Higher Margins from IoT Remote Monitoring of Generators, Pipelines & Compressors"
03/27/2019 8-K Quarterly results
Docs: "Strength in Remote Monitoring and Control IoT Solutions for Pipelines and Generators Drives 17% Increase in Acorn’ s 2018 Revenue"
05/15/2018 8-K Quarterly results
Docs: "Acorn Reports Q1 with Continued Growth and Margin Expansion in Remote Monitoring & Control of Industrial Assets"
03/26/2018 8-K Quarterly results
Docs: "After Transitional Year, Acorn Reports Q4 and Full Year 2017 Results with Growth in Internet of Things Remote Monitoring and Control of Generators, Pipelines and Other Industrial Assets"
11/14/2017 8-K Quarterly results
Docs: "Acorn Reports Increased Q3 Revenue and Gross Margin on Growing Demand for Remote Monitoring of Generators, Pipelines and Other Industrial Assets"
08/14/2017 8-K Quarterly results
05/15/2017 8-K Form 8-K - Current report
03/29/2017 8-K Form 8-K - Current report
11/14/2016 8-K Form 8-K - Current report
08/15/2016 8-K Quarterly results
Docs: "ACORN ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS As of June 30, 2016 As of December 31, 2015 ASSETS Current assets: Cash and cash equivalents $ 623 $ 124 Restricted deposits — 2,172 Escrow deposit — 100 Accounts receivable, net of provisions for doubtful accounts of $34 and $20 at June 30, 2016 and December 31, 2015, respectively 432 6,389 Unbilled revenue — 3,849 Inventory, net 230 506 Other current assets 837 1,633 Current assets – discontinued operations 51 1,079 Total current assets 2,173 15,852 Investment in DSIT 5,416 — Property and equipment, net 253 954 Escrow deposit 579 — Severance assets — 3,558 Restricted deposits — 2,951 Goodwill — 516 Other assets 211 470 Non-current assets – discontinued operations — 29 Total assets $ 8,632 $ 24,330 LIABILITIES AND ..."
05/18/2016 8-K/A Form 8-K/A - Current report [Amend]
05/16/2016 8-K Quarterly results
Docs: "ACORN ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS Three months ended March 31, 2016 2015 Total revenues 4,761 3,710 Total cost of sales 2,130 2,468 Gross profit 1,631 1,242 Operating expenses: Research and development expenses, net of credits 365 410 Selling, general and administrative expenses 2,625 2,322 Total operating expenses 2,990 2,732 Operating loss Finance income , net — Loss before income taxes Income tax benefit 33 Net loss from continuing operations Loss from discontinued operations, net of income taxes Net loss Non-controlling interest share of net loss – continuing operations 51 20 Non-controlling interest share of net loss – discontinued operations — 145 Net loss attributable to Acorn Energy shareholders $ $ Basic net loss per share at..."
03/30/2016 8-K Form 8-K - Current report
11/16/2015 8-K Quarterly results
Docs: "Acorn Energy Announces Third Quarter and Nine Month 2015 Results WILMINGTON, Del., September 16, 2015 Acorn Energy, Inc. , today announced the results for the third quarter and nine-month periods ended September 30, 2015. For the third quarter ended September 30, 2015, revenues were $4.8 million compared to $5.2 million in the third quarter of 2014. The net loss for the third quarter of 2015 was $2.8 million or $0.10 per share vs. $3.8 million or $0.17 per share in the comparable 2014 period. Third quarter 2015 loss includes a non-cash impairment charge of $712,000 . For the nine-month 2015 period, revenues were $14.2 million compared to $14.3 million in the 2014 nine-month period. The net loss was $8.7 million or $0.33 per share in 2015 vs. $13.7 million or $0.62 per share in 2014. Nine m..."
08/13/2015 8-K Quarterly results
Docs: "Acorn Energy Announces Second Quarter and Six Month 2015 Results"
05/15/2015 8-K Quarterly results
Docs: "Acorn Energy, Inc. Announces First Quarter 2015 Results"
03/31/2015 8-K Quarterly results
Docs: "ACORN ENERGY ANNOUNCES FISCAL YEAR 2014 RESULTS"
11/12/2014 8-K Quarterly results
Docs: "Acorn Energy Announces Third Quarter and Nine Month 2014 Results"
08/11/2014 8-K Quarterly results
Docs: "Acorn Energy Announces Second Quarter and Six Month 2014 Results"
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