ACORN ENERGY, INC.

Acorn Energy reported Q2'26 diluted EPS of $0.12, a 57.1% decrease year-over-year, with total revenue falling 29.4% to $2.49 million. This decline was primarily due to lower hardware revenue, while high-margin recurring monitoring revenue grew by 8.0%. The company announced a new partnership with Champion Power Equipment and launched OMNI360, a comprehensive remote monitoring solution, aiming for future growth and improved revenue comparisons.

Acorn Energy reported a significant decline in financial performance for Q2 2026 and the first half of 2026 compared to the prior year. Q2 revenue decreased by 29.4% to $2.49 million, and net income attributable to stockholders fell by 59.2% to $294,000. For the six months ended June 30, 2026, revenue dropped by 28.8% to $4.72 million, and net income attributable to stockholders decreased by 81.7% to $217,000. The company also entered into a Technology Partnership Agreement with AIO Systems Ltd., acquiring exclusive distribution rights for $250,000.

Acorn Energy reported a 29.4% decrease in Q2 2026 total revenue to $2.49 million and a 59.2% decrease in net income to $294,000. The revenue decline was primarily due to lower hardware sales from a national cell phone provider, while recurring monitoring revenue grew 8.0%. The company announced a new partnership with Champion Power Equipment for residential generators and launched OMNI360, a new remote monitoring solution for critical infrastructure.

Acorn Energy, Inc. announced it will report its second quarter 2026 financial results premarket on Thursday, August 6th. Following the release, the company will host a conference call at 11:00 a.m. ET to discuss the results and answer investor questions. Jan Loeb, President & CEO, and Tracy Clifford, CFO & COO of OmniMetrix, will lead the call.

Acorn Energy, Inc. announced significant business growth, with monitoring revenue increasing by 11.7% in Q1'26 to $5.7 million on a latest-twelve-month basis, achieving a blended LTM gross margin of 78%. The company is also expanding its Infrastructure Solutions segment by securing exclusive North American rights to new IoT monitoring solutions for critical infrastructure. Additionally, Acorn Energy's CEO and CFO will present and be available for investor meetings at the Planet MicroCap Las Vegas 2026 conference on June 17th and 18th.

Acorn Energy reported a 28.1% decrease in Q1 2026 total revenue to $2.2 million, resulting in a net loss of $0.03 per share, compared to net income in the prior year. This decline was primarily due to a significant reduction in hardware revenue following the completion of a material cellphone provider contract. Despite this, the company saw an 11.7% increase in high-margin, recurring monitoring revenue and an improved gross margin of 80.2%. Acorn is also advancing its new Infrastructure Solutions segment through a technology partnership with AIO Systems, which is expected to significantly expand its market and revenue potential.

Acorn Energy reported a significant decline in its first-quarter 2026 financial performance, with revenue decreasing by 28% and a shift from net income to a net loss. The company also made a strategic investment of $250,000 for exclusive distribution rights under a new Technology Partnership Agreement with AIO Systems Ltd., which will be amortized over five years. Despite the loss, Acorn Energy expects its current cash of $4.26 million to cover operating and capital needs for at least the next 12 months.

Acorn Energy reported Q1'26 results with total revenue decreasing 28.1% to $2.227 million, primarily due to a significant drop in hardware revenue from a material cellphone provider contract. Despite this, monitoring revenue grew 11.7% to $1.417 million, and gross margin improved to 80.2% due to a higher proportion of high-margin monitoring revenue. The company posted a net loss of $(77K) or $(0.03) per share, compared to net income of $464K in the prior year, while advancing its new Infrastructure Solutions segment through a technology partnership with AIO Systems.