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ACFND - $ACFND STOCK NEWS

Welcome to our dedicated page for ACFND news (Ticker: $ACFND), a resource for investors and traders seeking the latest updates and insights on ACFND stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ACFND's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ACFND's position in the market.

Rhea-AI Summary

Acorn Energy, provider of remote monitoring and control solutions for stand-by power generators, gas pipelines, and air compressors, will host its Q1 conference call on Thursday, May 9th at 11:00 a.m. ET. The call will discuss Acorn's Q1 results, 2024 outlook, and answer investor questions. Jan Loeb, President & CEO, and Tracy Clifford, CFO of Acorn & COO of OmniMetrix, will lead the call.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
36.13%
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Rhea-AI Summary
Acorn Energy, Inc. (ACFN) reported profitability in Q4’23 and full-year 2023 with revenue growth of 22% and 15% respectively. The company achieved a gross margin of 74.5% in 2023, up from 72.4% in 2022. CEO Jan Loeb highlighted the successful reverse stock-split and $69M in federal operating loss carryforwards benefiting future cash flows. Acorn aims for 20% annual growth, with DR programs contributing to revenue in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.9%
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Rhea-AI Summary
Acorn Energy, Inc. (ACFN) to host Q4 conference call to discuss financial results and outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Acorn Energy, Inc. (ACFN) announced positive Q3'23 results with 17% revenue growth, a new reseller agreement, and an investor call. Monitoring revenue increased by 13% and hardware revenue by 21.7%. The company achieved a gross margin of 74.3% and reported a net profit for the third quarter and first nine months of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.38%
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Rhea-AI Summary
Acorn Energy, Inc. will host its third quarter conference call on November 9th at 11:00 a.m. ET. Jan Loeb, President & CEO, and Tracy Clifford, CFO of Acorn & COO of OmniMetrix, will review Acorn's results and outlook. Financial results will be released that morning before markets open.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
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