Acorn's Q1'24 EPS Improves to $0.03 vs. ($0.03) Loss Per Share on Continued Growth in Remote Monitoring and Control Hardware and Services Revenue [Yahoo! Finance]
ACORN ENERGY INC (ACFN)
US:NASDAQ Investor Relations:
acornenergy.com/investor_information.php
Company Research
Source: Yahoo! Finance
provider of remote monitoring and control solutions for backup power generators, gas pipelines, air compressors and other mission critical assets, announced results for its first quarter ended March 31, 2024 (Q1'24) and will hold an investor call today at 11am ET (see call details below). Summary Financial Results Q1'24 Q1'23 Change (dollars in thousands) Monitoring revenue Hardware revenue Total revenue* Gross profit Margin Net income (loss) attributable to Acorn stockholders Net income (loss) per share *All of Acorn's revenue is derived from its 99%-owned operating subsidiary, OmniMetrix. CEO Commentary Jan Loeb, Acorn's CEO, commented, “Acorn's Q1 results reflect the strength of our product and service offerings and the operating leverage of our business model. Acorn achieved solid growth in new monitoring hardware sales and continued to build on our base of annually recurring, high-margin monitoring service revenue. We are off to a promising start in 20
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ACFN
News
- Acorn’s Q1’24 EPS Improves to $0.03 vs. ($0.03) Loss Per Share on Continued Growth in Remote Monitoring and Control Hardware and Services RevenueGlobeNewswire
- Acorn, Provider of Remote Monitoring and Control Solutions for Backup Generators, Hosts Q1 Call Thu., May 9th at 11am ET [Yahoo! Finance]Yahoo! Finance
- Acorn, Provider of Remote Monitoring and Control Solutions for Backup Generators, Hosts Q1 Call Thu., May 9th at 11am ETGlobeNewswire
ACFN
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 5/2/24 - Form SC
- ACFN's page on the SEC website