Acorn Energy (ACFN) Reports Q2 Loss of $0.12/Share

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Acorn Energy Announces Second Quarter and Six Month 2015 Results

August 13, 2015 4:52 PM EDT

WILMINGTON, Del., Aug. 13, 2015 /PRNewswire/ -- Acorn Energy, Inc. (OTCQB: ACFN), today announced the results for the second quarter and six-month periods ended June 30, 2015. 

For the six-month 2015 period revenues were $9.4 million compared to $9.2 million in the 2014 six-month period.  The net loss was $5.9 million vs. $9.8 million or $0.22 vs. $0.44 per share. Backlog at the end of the second quarter was $29.0 million.

For the second quarter ended June 30, 2015, revenues were $4.8 million compared to $4.7 million in the second quarter of 2014. The net loss for the quarter was $3.1 million vs. $5.5 million in the comparable 2014 period, or... More