Tigo Energy reports Q1 EPS (11c), consensus (12c)

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.