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

Tigo Energy (NASDAQ:TYGO) posted its earnings results on Tuesday. The company reported ($0.44) earnings per share 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 Price Performance

Shares of Tigo Energy stock traded up $0.01 during trading hours on Tuesday, reaching $1.00. The company’s stock had a trading volume of 24,865 shares, compared to its average volume of 295,600. The firm has a 50 day moving average price of $0.94 and a 200-day moving average price of $1.15. Tigo Energy has a one year low of $0.76 and a one year high of $2.12. The company has a debt-to-equity ratio of 1.14, a current ratio of 3.96 and a quick ratio of 1.60. The stock 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.