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

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

Tigo Energy Stock Performance

NASDAQ TYGO opened at $1.00 on Thursday. The company has a debt-to-equity ratio of 1.14, a current ratio of 3.96 and a quick ratio of 1.60. Tigo Energy has a 52-week low of $0.76 and a 52-week high of $2.12. The business’s 50-day moving average price is $0.94 and its 200 day moving average price is $1.15.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reiterated a “buy” rating and set a $3.00 price objective on shares of Tigo Energy in a research note on Wednesday.

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.