Education
About Us
Working with TipRanks
Follow Us
Acorn Energy (ACFN)
OTHER OTC:ACFN
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: -4.35%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
Acorn Energy's Q1 2025 earnings call highlights significant revenue and EPS growth, a promising uplisting to Nasdaq, and the launch of new products. However, the company faces challenges with seasonally low revenue quarters, increased operating expenses, and delays in the demand response rollout.Company Guidance
In the first quarter of fiscal year 2025, Acorn Energy reported a significant 45% increase in revenue, amounting to $3.1 million, driven by a 78% rise in hardware sales due to a large contract with a cellphone provider. Operating income increased by 54% of the revenue, showcasing the efficiency of their business model, where approximately 50% of each incremental revenue dollar contributes to operating income and EBITDA balance. The company's operating expenses decreased to 56% of revenue in Q1 2025, down from 71% in Q1 2024. Acorn's EPS surged over 600% to $0.19 per share from $0.03 in Q1 2024, despite being below the adjusted EPS of $0.31 per share in Q4 2024. Additionally, their net income is protected from federal tax due to NOLs. With a focus on long-term growth opportunities, Acorn is pursuing an uplisting to Nasdaq and considering a corporate name change. They continue to invest in R&D, with plans to launch new monitoring products, Omni and OmniPro, in June, which promise enhanced functionality and ease of installation.Significant Revenue Growth
Revenue rose 45% or $966,000 to $3.1 million, driven by a 78% increase in hardware sales due to a large contract with a cellphone provider.
Increased Operating Income
Operating income increased by $526,000, reflecting 54% of the revenue increase, showcasing the efficiency and operating leverage of the business model.
EPS Growth
Q1 2025 EPS rose to $0.19 per share versus $0.03 in Q1 2024, marking an increase of over 600%.
Improved Gross Margin
Gross margin increased to 75.1% in Q1 2025 from 74.6% in Q1 2024.
Uplisting to Nasdaq
Initiated dialogue with Nasdaq for uplisting, which is expected to be completed by the end of Q3 2025.
Launch of New Products
Upcoming launch of the next generation of OmniMetrix products, Omni and OmniPro, offering enhanced features and ease of installation.
ACFN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ACFN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $17.25 | $17.85 | +3.48% |
Mar 06, 2025 | $17.30 | $18.39 | +6.30% |
Nov 07, 2024 | $14.11 | $15.81 | +12.05% |
Aug 08, 2024 | $9.25 | $9.50 | +2.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Acorn Energy (ACFN) report earnings?
Acorn Energy (ACFN) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Acorn Energy (ACFN) earnings time?
Acorn Energy (ACFN) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACFN EPS forecast?
Currently, no data Available