Acorn Energy, Inc. Q4 Profit Rises

Acorn Energy, Inc. (ACFN) released earnings for its fourth quarter that increased from last year

The company's bottom line came in at $5.23 million, or $2.08 per share. This compares with $0.08 million, or $0.03 per share, last year.

The company's revenue for the period rose 56.9% to $3.53 million from $2.25 million last year.

Acorn Energy, Inc. earnings at a glance (GAAP) :

-Earnings: $5.23 Mln. vs. $0.08 Mln. last year.
-EPS: $2.08 vs. $0.03 last year.
-Revenue: $3.53 Mln vs. $2.25 Mln last year.

by RTTNews Staff Writer

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