Education
About Us
Working with TipRanks
Follow Us
Tigo Energy (TYGO)
NASDAQ:TYGO
Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.12Last Year’s EPS
-0.19Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -15.00%
|Next Earnings Date:May 20, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth and strategic wins, particularly in AI and utility-scale segments. However, significant inventory reserve charges, increased losses, and challenges in certain business segments presented notable concerns.Company Guidance
During Tigo Energy, Inc.'s fiscal fourth quarter and full year 2024 earnings call, the company provided guidance for the upcoming periods, emphasizing expected revenue and adjusted EBITDA. For the first quarter of 2025, Tigo anticipates revenues between $17 million and $19 million, with an adjusted EBITDA loss ranging from $2.5 million to $4.5 million. For the full year 2025, the company projects revenues between $85 million and $100 million. The guidance reflects a continuation of the sequential quarterly revenue growth observed throughout 2024, driven by increased sales in the EMEA and Americas regions. Additionally, Tigo Energy highlighted its strong momentum in the market, particularly in utility-scale wins and the expansion of its AI-based Predict Plus platform, expecting these factors to contribute to its growth prospects in 2025.Sequential Quarterly Revenue Growth
Ended 2024 with four consecutive quarters of revenue growth, particularly strong in EMEA and Americas regions.
Significant Increase in Predict Plus Platform
Predict Plus AI-based platform grew from 15,000 to 140,000 meters under management, covering 600 gigawatt-hours of energy by year-end.
Utility-Scale Wins and Growing Pipeline
Achieved multiple utility-scale wins in 2024, with the pipeline continuing to grow.
Strong Revenue Increase
Q4 2024 revenue increased by 86.8% year-over-year to $17.3 million.
Cost-Cutting Efforts
Operating expenses for Q4 2024 declined by 29.8% year-over-year.
Annual Recurring Revenue
ARR now stands above $1 million per year, with expectations of further growth in 2025.
---
TYGO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TYGO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $1.00 | $1.00 | 0.00% |
| Nov 06, 2024 | $1.15 | $1.08 | -6.09% |
| Aug 06, 2024 | $1.44 | $1.27 | -11.81% |
| May 14, 2024 | $1.36 | $1.45 | +6.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Tigo Energy (TYGO) report earnings?
Tigo Energy (TYGO) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is Tigo Energy (TYGO) earnings time?
Tigo Energy (TYGO) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TYGO EPS forecast?
TYGO EPS forecast for the fiscal quarter 2025 (Q1) is -0.12.
---