Acorn Energy Reports Q4 Revnue of $2.8M

Acorn Energy, Inc. ACFN today announced its results for the fourth quarter and fiscal year periods ended December 31, 2010.

For the fourth quarter, Acorn revenue increased $2.8 million, or 35% to $10.9 million compared to $8.1 million in the 2009 fourth quarter. For the full year period revenue increased $8.4 million or 31% to $35.7 million, compared to $27.3 million in the corresponding 2009 period.