Catalyst Watch #21
This Week’s Most Interesting Microcap Press Releases
Scroll down to continue reading this week’s most actionable corporate events in HTML format. For all past setups, please refer to the PDF file at the end.
This Week’s Most Actionable Corporate Events
Acorn Energy, Inc. (ACFN) | Scientific & Technical Instruments | $27.66 | $69.1mm
Earnings Report: Announced 2Q25 revenue of $3.5mm, up 55% yoy, and diluted EPS of $0.28 vs. $0.11 in 2Q24. The company’s model is driven by hardware sales that generate recurring revenue from annual monitoring contracts, with renewal rates of 90% or higher. With minimal incremental investment required to scale, management expects ~50% of each additional revenue dollar to flow through to operating income. Looking ahead, several factors are expected to support demand for backup power generation and the company’s remote monitoring services.
AstroNova, Inc. (ALOT) | Computer Hardware | $11.49 | $87.3mm
Management Change: Promoted Jorik E. Ittmann to President and CEO and appointed him to the Board, with Interim CEO Darius G. Nevin transitioning to Executive Chairman. Ittmann joined the company in September 2024 as VP of Commercial Operations for the Product ID segment, advancing to SVP, Product ID in June 2025. Earlier in his career, he spent eight years helping build LaserBand until its sale to Zebra Technologies, where he later served as VP of Sales. Most recently, he helped scale startup Health Link Solutions as CRO, Global Sales.