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ACFN $18.32 -0.43%
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ACFN · Acorn Energy, Inc.
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$18.32 -0.08 (-0.43%) At close · Oct 20
Market Cap
$45.96M
Shares
2.51M
Volume · Oct 20 129.16K Avg daily vol (3M) 53.21K
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Earnings call · FY2022 Q1

Acorn Energy, Inc. (ACFN) Q1 2022 Earnings Call

Concluded May 13, 2022
May 13, 2022 0 turns
Period
FY2022 Q1
Runtime
—
Sources
2 artifacts
Revenue $1.75M +2.7% YoY
Gross margin 71.8% +0.8 pp YoY
Net income -$123,000 -715% YoY
Open full screen 8-K 10-Q

Executive readout · one minute

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Forward guidance

2 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Research materials

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Forward guidance

From the 8-K filed May 13, 2022.

Metric Guided
Cash-basis revenue growth target
fiscal year 2022
20%
Average annual cash-basis sales growth goal
average annual
20%

Quarter detail

How the reported period landed and where the business moved.

Revenue · segments

PG$1.45M -0.9% YoY
CP$306,000 +23.9% YoY
Full-screen source Call document