Reports Q1 revenue $18.8M, consensus $17.56M. “We are pleased to report our fifth sequential increase in quarterly revenues and a 92% revenue increase on a year over year basis. These results reflect both an expansion of our market share and an ongoing recovery in the solar market. During the quarter, we saw increased sequential growth in the EMEA, Americas and APAC regions, which comprised 61%, 25% and 14% of total revenues, respectively. We expect that our geographical and manufacturing diversification will mitigate a significant portion of the current tariff headwinds in the industry,” said Zvi Alon, Chairman and CEO of Tigo.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TYGO:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue