ACFND Stock Price, News & Analysis

Acorn Energy (Nasdaq: ACFN), a provider of remote monitoring solutions for critical infrastructure, reported strong Q2 2025 financial results with significant growth across key metrics. The company achieved revenue of $3.5M, up 55% year-over-year, driven by an 89% increase in hardware revenue and 19% growth in monitoring revenue.

Net income surged to $720,000 ($0.28 per diluted share), representing a 166% increase from Q2'24. The company's performance was bolstered by a $5.4M material contract for monitoring 5,000-10,000 cell tower backup generators, contributing $1.4M to Q2 revenue. Gross margin improved to 74.9%, and the company maintained strong liquidity with $3.25M in cash as of Q2'25.

Acorn Energy (Nasdaq: ACFN), a provider of remote monitoring and control solutions for backup power generators and industrial equipment, has scheduled its Q2 2025 earnings conference call for Thursday, August 7th at 11:00 AM ET.

The company will release its second quarter results before market open on the same day. CEO Jan Loeb and OmniMetrix CFO & COO Tracy Clifford will deliver prepared remarks and conduct a Q&A session. Investors can participate via dial-in numbers 1-844-834-0644 (US) or 1-412-317-5190 (International).

Acorn Energy (NASDAQ:ACFN), a provider of remote monitoring and control solutions, has received approval for listing on the Nasdaq Capital Market, with trading expected to commence on July 24, 2025. The company will maintain its ticker symbol ACFN.

The company has transformed into a focused, high-margin business, projecting revenue growth of 20% or more annually over the next 3-5 years, with approximately 50% of incremental revenue contributing to operating profit. As of March 31, 2025, Acorn reported $2.6M in cash, no debt, and Q1'25 revenue of $3.1M with net income of $464,000 ($0.19 per diluted share).

Acorn Energy (OTCQB: ACFN) reported strong Q1 2025 results with net income rising to $464,000 ($0.19 per share) compared to $65,000 ($0.03 per share) in Q1 2024. Total revenue increased 45.3% to $3.1 million, driven by a 77.6% jump in hardware revenue and 15.2% growth in monitoring revenue. The growth was largely attributed to a major contract to provide monitoring equipment for 5,000-10,000 cell tower backup generators, contributing $945,000 in Q1'25 revenue. The company maintained strong gross margins of 75.1% and improved its cash position to $2.6 million. Notably, Acorn has initiated discussions with Nasdaq regarding uplisting its common stock and is considering a corporate name change to better reflect its operational focus.

Acorn Energy (OTCQB: ACFN), a provider of IoT solutions for monitoring and controlling backup power generators, gas pipelines, and air compressors, has scheduled its Q1 2025 earnings release and conference call. The company will release its financial results before market opening on Thursday, May 8th, 2025, followed by an investor conference call at 11:00 AM ET.

The call will feature prepared remarks and a Q&A session with President & CEO Jan Loeb and OmniMetrix CFO & COO Tracy Clifford. Investors can dial in using 1-844-834-0644 (US) or 1-412-317-5190 (International). Questions can also be submitted via email to acfn@catalyst-ir.com.

Acorn Energy (OTCQB: ACFN), a specialist in remote monitoring solutions for backup power generators and other industrial equipment, is set to present at the Planet MicroCap Showcase in Las Vegas on April 23rd, 2025, at 11:00 am PT.

The company recently achieved significant milestones, including:

• Secured a $5M contract with a major cell phone provider for monitoring cell tower backup generators
• Reported 2024 revenue of $10.99M, with $1.66M derived from the new contract
• Achieved net income of $6.3M ($2.51 per share) in 2024, including a $4.4M deferred tax benefit

CEO Jan Loeb will be available for investor meetings at booth #207 during the conference, held at the Paris Las Vegas hotel in partnership with MicroCapClub. The presentation will be accessible via webcast for remote attendees.

Acorn Energy (OTCQB: ACFN) reported strong financial results for 2024, with net income rising to $2.51 per share (including $1.77 per share in deferred income tax benefit) compared to $0.05 per share in 2023. The company achieved a 36% revenue increase to $10.99M, driven by a major contract with a leading cell phone provider.

Key highlights include:

• Q4'24 revenue up 57% to $3.53M with 101% increase in hardware revenue
• Gross margin of 73% for 2024
• Cash position grew 60% to $2.3M
• Working capital improved to $1.1M from ($0.6M)

The company plans to pursue uplisting to the Nasdaq Capital Market in the first half of 2025, supported by stockholders' equity now exceeding $5M. The cell phone provider contract, valued at approximately $5M, involves monitoring equipment and services for 5,000-10,000 cell tower generators.

Acorn Energy (OTCQB: ACFN), specializing in IoT solutions for monitoring and controlling backup power generators, gas pipelines, and air compressors, has scheduled its Q4 and full year financial results announcement for Thursday, March 6th, 2025. The results will be released before market opening, followed by an investor conference call at 11:00 a.m. ET. The call will feature prepared remarks from President & CEO Jan Loeb and OmniMetrix CFO & COO Tracy Clifford, concluding with a Q&A session for investors.

Acorn Energy (OTCQB: ACFN) reported strong Q3 2024 financial results with total revenue increasing 46.1% to $3.05M, driven by a 90.4% surge in hardware revenue to $1.91M and a 5.1% rise in monitoring revenue to $1.14M. The company's net income rose significantly to $725,000 ($0.29 per share) compared to $24,000 ($0.01 per share) in Q3 2023. The growth was partly attributed to a $724,000 hardware revenue from initial orders of a $5M contract with a major cell phone provider for monitoring cell tower backup generators. The company maintained a strong financial position with $2.2M in cash and no debt as of quarter-end.