Tigo Energy (NASDAQ:TYGO) Releases Quarterly Earnings Results, Misses Estimates By $0.29 EPS

Tigo Energy (NASDAQ:TYGO) released its earnings results on Tuesday. The company reported ($0.44) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.29), Zacks reports. Tigo Energy had a negative net margin of 110.29% and a negative return on equity of 103.85%. Tigo Energy updated its Q1 2025 guidance to EPS.

Tigo Energy Price Performance

Shares of TYGO traded up $0.01 during trading hours on Tuesday, reaching $1.00. 24,865 shares of the stock traded hands, compared to its average volume of 295,600. The company has a current ratio of 3.96, a quick ratio of 1.60 and a debt-to-equity ratio of 1.14. Tigo Energy has a 52-week low of $0.76 and a 52-week high of $2.12. The company’s 50-day moving average price is $0.94 and its two-hundred day moving average price is $1.15. The company has a market cap of $60.74 million, a P/E ratio of -1.18 and a beta of 0.77.

About Tigo Energy

Tigo Energy, Inc provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities.