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2010-11-10 15:54:00

In the news release, Acorn Energy Announces Q3 2010 Results, issued 10-Nov-2010 by Acorn Energy, Inc. over PR Newswire, we are advised by a representative of the company that the columns in both financial tables were inadvertently inverted. The complete, corrected release follows: Acorn Energy Announces Q3 2010 Results Coreworx Operations to be Sold in Management Buyout MONTCHANIN, Del., Nov. 10, 2010 /PRNewswire-FirstCall/ -- Acorn Energy, Inc. (Nasdaq: ACFN), an energy technology...

2010-11-10 15:13:00

MONTCHANIN, Del., Nov. 10, 2010 /PRNewswire-FirstCall/ -- Acorn Energy, Inc. (Nasdaq: ACFN), an energy technology holding company, today announced its results for the third quarter and nine month period ended September 30, 2010. The Company also announced that it has entered into a binding letter of intent to sell its wholly-owned subsidiary Coreworx to the management of that business. For the third quarter, Acorn revenue increased 64% to $10.6 million and for the nine month period...

2010-10-20 09:10:00

MONTCHANIN, Del., Oct. 20 /PRNewswire-FirstCall/ -- Acorn Energy (Nasdaq: ACFN) an energy technology holding company today announced preliminary unaudited consolidated revenue for the third quarter of 2010 of $10.5 million, up 63% compared to third quarter 2009 revenue. Revenue for the first nine months of 2010 of $27.5 million, increased 21% compared to 2009 revenue of $22.7 million. Highlights of 2010 Revenues (unaudited) CoaLogix third quarter revenue up 94% to $5.5 million in 2010...

2010-08-12 15:00:00

MONTCHANIN, Del., Aug. 12 /PRNewswire-FirstCall/ -- Acorn Energy, Inc. (Nasdaq: ACFN) today announced its results for the second quarter ended June 30, 2010. Below are the highlights and lowlights for the second quarter. Q2 2010 and Recent Highlights: Group revenue for Q2 increased 17% to $9.1 million from $7.8 million Group gross profit increased 20% to $4.2 million from $3.5 million CoaLogix Gross margins grew to 41% in the first half of 2010 compared with 35% in the first half of...

2010-05-13 16:19:00

MONTCHANIN, Del., May 13 /PRNewswire-FirstCall/ -- Acorn Energy, Inc. (Nasdaq: ACFN) today announced its results for the first quarter ended March 31, 2010. Below are the highlights and lowlights for the first quarter. Q1 2010 Highlights CoaLogix gross profit increased $0.1 million, or 4%, on increased margins (from 34% to 43%) Coreworx gross margins increased from 74% in 2009 to 77% in 2010 DSIT revenue increased $0.5 million, or 26%, and gross profit increased $0.4 million, or 54%...

2010-03-22 07:30:00

MONTCHANIN, Del., March 22 /PRNewswire-FirstCall/ -- Acorn Energy, Inc. (Nasdaq: ACFN) an energy technology holding company, today announced results for the fourth quarter and year ended December 31, 2009. CEO Overview John Moore, CEO of Acorn Energy, stated, "Strategic steps were taken in 2009 and early 2010 to expand the Acorn businesses with capital and add-on technologies. We financed a major capacity expansion for CoaLogix, our rapidly growing clean coal company. We committed to...

2010-01-26 08:25:00

MONTCHANIN, Del., Jan. 26 /PRNewswire-FirstCall/ -- Acorn Energy (Nasdaq: ACFN), an energy technology holding company today announced preliminary unaudited consolidated revenue for 2009 of $31.3 million, up 51% compared to 2008 revenue of $20.7 million. Highlights of 2009 Revenues (unaudited) -CoaLogix revenue up 80% to $18.1 million in 2009 versus $10.1 million in 2008 -DSIT revenue up 10% to $9.2 million in 2009 versus $8.4 million in 2008 -Coreworx revenue of $4 million were flat...

2009-11-12 13:10:00

MONTCHANIN, Del., Nov. 12 /PRNewswire-FirstCall/ -- Acorn Energy Inc. (Nasdaq: ACFN) an energy technology holding company, today announced results for the third quarter ended September 30, 2009. Below are the highlights from the three month and nine month periods: Q3 2009 Highlights Revenues increased by 40% to $6.5 million Gross profit increased by 219% to $2.9 million CoaLogix' revenues increased by 53% to $2.8 million CoaLogix' gross profit increased by $0.9 million Nine Month...

2009-10-14 07:30:00

CHARLOTTE, N.C., Oct. 14 /PRNewswire-FirstCall/ -- CoaLogix announced today that they have been selected as a finalist for the Rising Star in the 2009 Platts Global Energy Awards. Established in 1999 and often referred to as the "Oscars of Energy," the Platts Global Energy Awards recognize innovation, leadership, and superior performance in more than a dozen categories spanning the entire energy industry. The Rising Star Award recognizes businesses that have used these skills to...

2009-08-11 09:31:00

CHARLOTTE, N.C., Aug. 11 /PRNewswire-FirstCall/ -- Acorn Energy's (Nasdaq: ACFN) CoaLogix announced today that its SCR-Tech, LLC subsidiary has received five new contracts for selective catalyst reduction (SCR) regeneration and management services worth approximately $3 million. CoaLogix, a leader in SCR environmental services for electric utilities, signed these new contracts with five separate electric utility companies. The electric utility companies cover several geographical regions...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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