ACFN Q2 2019 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$54M

Q2 2019 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$1M+12.0% YoY

Gross Profit

$901,00065.4% margin

Operating Income

-$203,000-14.7% margin

Net Income

-$199,000-14.5% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+3.8%

Cash Flow

Operating Cash Flow

-$98,000

Free Cash Flow

-$98,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6M

Total Liabilities

$6M

Stockholders' Equity

$462,000

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1M	$1M	+12.0%
Gross Profit	$901,000	$736,000	+22.4%
Operating Income	-$203,000	-$544,000	+62.7%
Net Income	-$199,000	-$538,000	+63.0%

Revenue Segments

Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges

$128,000100%