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

Tigo Energy (NASDAQ:TYGO) issued its quarterly earnings results on Tuesday. The company reported ($0.44) earnings per share for the quarter, missing the consensus estimate 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 Stock Up 1.0 %

Shares of NASDAQ TYGO traded up $0.01 during midday trading on Tuesday, hitting $1.00. The stock had a trading volume of 24,778 shares, compared to its average volume of 295,600. The business’s 50 day moving average is $0.94 and its 200-day moving average is $1.15. Tigo Energy has a 52 week low of $0.76 and a 52 week high of $2.12. 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 $60.74 million, a P/E ratio of -1.18 and a beta of 0.77.

Tigo Energy Company Profile

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.