Tigo Energy Inc

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (Nasdaq: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced that GoodWe Technologies Co., Ltd., a solar inverter manufacturer and smart energy solution provider, has licensed Tigo Module-Level Rapid Shutdown Technology. Under the agreement, GoodWe products compliant with and qualified for certification under the SunSpec Rapid Shutdown Specification will not infringe on claims of Tigo licensed patents.

Tigo Energy Welcomes GoodWe Technologies as Latest Rapid Shutdown Licensee

MONTEVARCHI, Italy--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced the release of the Tigo EI (Energy Intelligence) Residential Solar Solution for the German market at the 2023 Intersolar Europe exhibition. The Tigo EI Residential Solar Solution includes a storage-ready inverter, a modular battery system, and everything else required for fast, flexible, and dependable solar and solar-plus-storage installat.

Tigo Energy Releases Solar-Plus-Storage for German Market at Intersolar Europe

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo" or the "Company"), a leading provider of intelligent solar and energy storage solutions, today announced the release of Tigo EI Fleet Manager, a new fleet management experience within its Energy Intelligence (EI) platform. As Tigo simultaneously expands its ability to leverage energy data and improve the installer experience, the Company is adding fleet management capabilities with a powerful interactive dashboard that.

Tigo Energy Delivers Data-Driven Solar Fleet Management for the Energy Intelligence Platform

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