Tigo Energy Inc

Earnings data Q2 2023

Earnings data Q3 2023

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Tigo Energy reports Q4 challenges but strong 2023 growth

Tigo Energy faced challenges in Q4 2023 but achieved significant growth for the full year, driven by successful international expansion and product adoption.
Despite short-term setbacks, Tigo's focus on cost effectiveness, market expansion, and product suite expansion in 2024 positions the company for continued growth.
Addressing inventory management challenges and leveraging opportunities in market expansion and customer support will be key focus areas for Tigo in the coming quarters.

Tigo Energy reports Q1 revenue growth, eyes expansion in key markets

Tigo Energy's Q1 2024 performance showed revenue growth potential in EMEA and opportunities for expansion in the Americas and APAC regions.
While facing challenges with operating and EBITDA losses, the company's focus on cost reduction and revenue stabilization strategies bode well for future financial health.
With a strong product portfolio and recurring revenue from AI software services, Tigo Energy is poised to capitalize on market opportunities and drive growth in key regions.

Tigo Energy Inc (TYGO) reports Q2 revenue decline but shows resilience and clear breakeven points

Tigo Energy Inc (TYGO) faced revenue decline in Q2 2024 but showed sequential improvement and has clear breakeven points for revenue and EBITDA.
While challenges persist with slower market recovery and demand uncertainties, opportunities exist in navigating market factors and optimizing product sales.
Resilience in managing inventories and adapting to market conditions position Tigo Energy Inc (TYGO) for potential growth as recovery progresses.

Tigo Energy Inc reports revenue growth and market share gains

Tigo Energy Inc reported mixed financial results in Q3 2024, with revenue growth and market share gains offset by an inventory charge and reduced operating expenses. The company remains optimistic about future growth, focusing on maintaining prices and expanding market share.

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Tigo Energy, Inc. engages in the development and manufacture of smart hardware and software solutions. It focuses on enhancing safety, increasing energy yield, and lowering operating costs of residential, commercial, and utility-scale solar energy systems. The firm offers Module Level Power Electronics which provides solar panel power optimization, rapid shutdown and monitoring capabilities, and Energy Intelligence solutions which presents solar energy storage management capabilities. The company was founded on February 13, 2019 and is headquartered in Campbell, CA.

CSG Systems International

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CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced it will unveil the new Tigo Installer Loyalty Program for residential PV installers in EMEA at Intersolar Europe 2024. As sustainable energy sources comprised 30% of all energy generated globally in 2023, with solar becoming an increasingly large contributor to that output, Tigo Energy is committed to supporting and invigorating the solar in.

Tigo Energy to Recognize Residential Installers with Loyalty Program at Intersolar Europe 2024

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced that premier Engineering, Procurement, and Construction (EPC) firm, Constructora San Jose, S.A., has selected Tigo as the rapid shutdown technology provider for a 142MWp solar installation for an industrial ground mount in Spain. Reliable rapid shutdown functionality is essential to providing fire safety for system owners and eliminates the.

Tigo Energy Solar Rapid Shutdown Selected by Constructora San Jose for 142MWp Solar System

Tigo Energy, Inc. (NASDAQ:TYGO ) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Zvi Alon - Chairman and Chief Executive Officer Bill Roeschlein - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Eric Stine - Craig-Hallum Capital Group Gus Richard - Northland Capital Markets Sameer Joshi - HC Wainwright Operator Good afternoon. Welcome to Tigo Energy's Fiscal First Quarter 2024 Earnings Conference Call.

Tigo Energy, Inc. (TYGO) Q1 2024 Earnings Call Transcript

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. ("Tigo," or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the first quarter ended March 31, 2024 and financial guidance for the second quarter ending June 30, 2024. Recent Financial and Operational Highlights Quarterly revenue of $9.8 million GAAP gross margin of 28.2% GAAP operating loss of $9.1 million GAAP net loss of $11.5 million Adjuste.

Tigo Energy Reports First Quarter 2024 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced the newest additions to the Tigo Flex MLPE product family, the Tigo TS4-X line. Designed to serve the commercial and industrial (C&I) as well as utility solar markets, Tigo TS4-X products support the latest high-power solar modules, up to 800W. Members of the TS4-X product family feature compatibility with Pure Signal™ technology in Tigo.

Tigo Energy Delivers Most Powerful Solar MLPE for High-Wattage and Bifacial Modules

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced the first installation and commissioning of a Tigo EI Residential Solar Solution, with whole-home backup, as part of the solution's introduction to the Puerto Rican market. Now housed in Arecibo, the system was designed and installed by Tigo installer partner CEnergyS Solar Solutions, a renewable energy systems company serving Puerto Rico fo.

Tigo Energy Introduces Solar-Plus-Storage EI Residential Solar Solution for Puerto Rico

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy Inc. (Nasdaq: TYGO) (“Tigo” or the “Company”), a leading provider of intelligent solar and energy software solutions, will hold a conference call on Tuesday, May 14, 2024 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024. Financial results will be issued in a press release prior to the call. Tigo management will host the presentation, followed by a question-and-answer peri.

Tigo Energy Inc. to Report First Quarter 2024 Financial Results on Tuesday, May 14, 2024 at 4:30 p.m. ET

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced the installation and commissioning of a rooftop solar system at its headquarters in California. The system was designed and deployed by Tigo installer partner, Laibach Solar, and has averaged 5% Reclaimed Energy since it was commissioned. Laibach Solar is an employee-owned solar installer in Northern California dedicated to combining high-qu.

Tigo Energy Headquarters Receives 90kW of Optimized Solar from Long-Time Installer Partner

The heavy selling pressure might have exhausted for Tigo Energy, Inc. (TYGO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Tigo Energy, Inc. (TYGO) Loses -19.7% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced that the Company's commitment to Total Quality Solar (TQS) will underscore its presence at the annual North American Board of Certified Energy Practitioners (NABCEP) conference in Raleigh, North Carolina from March 18-21. Borrowing from the timeless manufacturing principles of Total Quality Management, TQS is a principle that guides a contin.

Tigo Energy Leads with Total Quality Solar at NABCEP Conference 2024

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced the launch of the GO EV Charger for the Italian market. A smart residential electric vehicle (EV) charging station, GO EV Charger offers solar installers a way to add e-mobility that seamlessly integrates with the Tigo EI (Energy Intelligence) Residential Solar Solution, which includes inverter, battery system, TS4 MLPE devices, and everythi.

Tigo Energy Expands Comprehensive Residential Energy Solution for Italy with GO EV Charger

Tigo Energy, Inc. (TYGO) Q4 2023 Earnings Call Transcript

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. ("Tigo", or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the fourth quarter and full year ended December 31, 2023 and financial guidance for the first quarter ending March 31, 2024. Recent Financial and Operational Highlights Revenue for the full year 2023 of $145.2 million, up 78.6% compared to $81.3 million in the full year 2022. Gross pro.

Tigo Energy Reports Fourth Quarter and Full Year 2023 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced that the Company's innovative Green Glove program has resulted in satisfied installers, as the team supports throughout every installation phase. Available to all solar installers, the Green Glove program is specifically designed to deliver a premium support experience that enriches the C&I installer journey from design to commissioning.

Tigo Energy Green Glove Program for C&I Solar Builds Bridge to Total Quality Solar

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced that in a patent infringement case filed by Tigo against SMA Solar Technology America LLC, the U.S. Patent and Trademark Office (USPTO) has ruled in favor of Tigo on two petitions previously filed by SMA Solar. In the failed IPR (inter partes review) petitions, SMA Solar sought a ruling from the USPTO to invalidate Tigo U.S. Patents Nos. 9,96.

Tigo Energy Wins Key Rulings in U.S. Patent and Trademark Office Proceeding

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced the launch of the Tigo GO EV Charger for the German market. A smart charging station for electric vehicles, GO EV Charger offers seamless integration with the Tigo EI Residential solar-plus-storage solution. Available as both a single and three-phase charger up to 22 kW, the GO EV Charger can be wall-mounted indoors or outdoors and includes R.

Tigo Energy Delivers Integrated, Solar-Optimized Residential EV Charging for the German Market

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. ("Tigo") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced selected unaudited preliminary financial results for its fiscal fourth quarter and full year ended December 31, 2023. All information in this press release is approximate due to the preliminary nature of the announcement and is subject to normal quarterly and year-end accounting and audit procedures. “During the fiscal fourth quarter.

Tigo Energy Announces Preliminary Financial Results and Reporting Date of February 13, 2024 for Fiscal Fourth Quarter and Full Year 2023

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced an exclusive panel discussion with CALSSA (California Solar & Storage Association) and EnergySage at Intersolar North America 2024. The event is open to solar installers, along with other individuals and companies in the solar ecosystem and brings together industry experts and collaborators to discuss the consumer trends, technologies, an.

Tigo Energy to Lead Residential Solar Solutions Discussion at Intersolar North America 2024

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CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced the expansion of the Company's patent portfolio in rapid shutdown technology with the issuance of U.S. Patent No. 11,855,578. This patent continues Tigo's commitment to significantly increase solar safety by providing enhanced automated shutdown, disconnect, and solar module power reduction methods. These safety enhancements are especially im.

Tigo Energy Strengthens Solar Rapid Shutdown Technology Patent Portfolio

Tigo Energy expects double-digit net sales growth and EBITDA margin growth in 2023. TYGO plans to expand its presence in the residential market in the US and Europe, which could drive net sales growth. Further investments in R&D, particularly in the EI Solution, could lead to new business developments and increased net sales.

Tigo Energy: Beneficial 2023 Guidance, Solar Industry Exposure, And Not Expensive

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (Nasdaq: TYGO) ("Tigo" or the “Company”), a leading provider of intelligent solar and energy storage solutions, has appointed Sagit Manor as an independent director on its Board of Directors, effective January 1, 2024. Ms. Manor is an accomplished financial operations and technology expert with more than 25 years of experience in executive roles including several at public companies. Currently, Ms. Manor serves as Chief Financial Officer for.

Tigo Energy Appoints Sagit Manor to Board of Directors

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced that an Arizona solar company has installed and commissioned the 10 millionth Tigo TS4 device. Serving as one of the 100,000+ solar installations using devices from the Tigo TS4 family, a solar system from independently owned, Arizona-based Sunny Energy is now home to the 10 millionth TS4 deployed. The milestone TS4 device provides rapid shut.

Tigo Energy Breaks Through 10 Million MLPE Devices Deployed Milestone

LOS ANGELES , Nov. 28, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz continues its investigation of Tigo Energy, Inc. ("Tigo" or the "Company") (NASDAQ: TYGO) on behalf of investors concerning the Company's possible violations of federal securities laws.

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