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ACFN Q2 2023 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena
ACFN
Acorn Energy, Inc.
$53M
Q2 2023 Earnings
Technology
Hardware, Equipment & Parts
Income Statement
Revenue
$2M
+21.7% YoY
Gross Profit
$1M
75.5% margin
Operating Income
$83,000
4.2% margin
Net Income
$96,000
4.9% margin
EPS (Diluted)
$0.04
QoQ Revenue Growth
+12.8%
Cash Flow
Operating Cash Flow
$238,000
Free Cash Flow
$227,000
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$6M
Total Liabilities
$7M
Stockholders' Equity
-$971,000
Cash & Equivalents
$2M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$2M
$2M
+21.7%
Gross Profit
$1M
$1M
+19.6%
Operating Income
$83,000
-$222,000
+137.4%
Net Income
$96,000
-$223,000
+143.0%
Revenue Segments
Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges
$300,000
100%
← FY 2023
All Quarters
Q3 2023 →