Tigo Energy (TYGO) Projected to Post Quarterly Earnings on Tuesday

Tigo Energy (NASDAQ:TYGO) is projected to announce its earnings results after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of ($0.15) per share and revenue of $18.82 million for the quarter. Tigo Energy has set its Q4 2024 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Tigo Energy (NASDAQ:TYGO) last issued its quarterly earnings data on Wednesday, November 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.05). Tigo Energy had a negative return on equity of 103.85% and a negative net margin of 110.29%. The company had revenue of $14.24 million for the quarter, compared to analysts’ expectations of $13.92 million. During the same period last year, the company posted ($0.89) EPS. On average, analysts expect Tigo Energy to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Tigo Energy Stock Up 1.0 %

Shares of NASDAQ TYGO opened at $1.03 on Tuesday. The company has a quick ratio of 1.60, a current ratio of 3.96 and a debt-to-equity ratio of 1.14. The company has a market cap of $62.56 million, a P/E ratio of -1.21 and a beta of 0.77. Tigo Energy has a 52 week low of $0.76 and a 52 week high of $2.12. The business has a 50-day simple moving average of $0.93 and a two-hundred day simple moving average of $1.17.

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.