Tigo Energy Inc

Earnings data Q2 2023

Earnings data Q3 2023

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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) (“Tigo”), a leading provider of intelligent solar and energy software solutions, today announced a multi-island product and training tour to bring more flexibility, better module utilization, and system design freedom to the Aloha State. Tigo Flex Module Level Power Electronics (MLPE) devices support more than 30MW of solar on the Hawaiian islands, including over 600 monitored Tigo systems, ranging from 1.5kW residential system.

Tigo Energy Builds on 30MW Installed Base with Flexibility, Performance, and Choice for Hawaii

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, is confirmed to participate in the following upcoming investor conferences: (1) Jefferies Renewables & Clean Energy Conference, (2) Bank of America Clean Energy Symposium 2024 and (3) 27th Annual Needham Growth Conference. Jefferies Renewables & Clean Energy Conference Date: Wednesday, December 4, 2024 Location: New York, NY Event Details:.

Tigo Energy to Participate in Upcoming Investor Conferences Hosted by Jefferies, Bank of America and Needham

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, has announced plans to deliver a presentation on advanced solar safety technology with regional equipment distribution leader, Solar Hive, at an event in Kuala Lumpur on November 25, 2024. At the Tigo Solar Hive Technical Event, the two industry leaders will showcase the importance of solar safety as well as the path towards compliance with new reg.

Tigo Energy Brings Rapid Shutdown Education Event to Malaysia with Solar Hive

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, today announced a significant legal victory in defense of its core intellectual property. The U.S. Patent and Trademark Office (USPTO) has rejected SMA Solar Technology AG's challenge to Tigo U.S. Patent No. 9,584,021, which covers an innovative power-supply design for module-level power electronics (MLPE) technology that addresses false-start prob.

Tigo Energy Prevails in Patent Dispute with SMA, Further Bolstering Intellectual Property Position

Tigo Energy, Inc. (NASDAQ:TYGO ) Q3 2024 Earnings Conference Call November 6, 2024 4:30 PM ET Company Participants Zvi Alon - Chief Executive Officer Bill Roeschlein - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Eric Stine - Craig-Hallum Capital Group Sameer Joshi - H.C. Wainwright Operator Good afternoon.

Tigo Energy, Inc. (TYGO) Q3 2024 Earnings Call Transcript

Tigo Energy, Inc. (TYGO) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.89 per share a year ago.

Tigo Energy, Inc. (TYGO) Reports Q3 Loss, Tops Revenue Estimates

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. ("Tigo", or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the third quarter ended September 30, 2024 and financial guidance for the fourth quarter ending December 31, 2024. Recent Financial and Operational Highlights Quarterly revenue of $14.2 million GAAP gross margin of 12.5% GAAP operating loss of $10.4 million GAAP net loss of $13.1 milli.

Tigo Energy Reports Third Quarter 2024 Financial Results

TOCANTINS, Brazil--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, announced today that solar development company, Apollo Flutuantes, will deploy 97,200 Tigo optimizers, including the Tigo TS4-X-O MLPE line, in Brazil's largest floating solar plant. The project, scheduled for completion in December 2025, will be located on the Lajeado Hydroelectric Power Plant reservoir in Tocantins, Brazil. The floating solar pr.

Tigo Energy Customer to Deploy Brazil's Largest Floating Solar Plant With 97,200 Optimizers

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy Inc. (Nasdaq: TYGO) (“Tigo” or the “Company”), a leading provider of intelligent solar and energy software solutions, will hold a conference call on Wednesday, November 6, 2024 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024. Financial results will be issued in a press release prior to the call. Tigo management will host the presentation, followed by a question-and-a.

Tigo Energy Inc. to Report Third Quarter 2024 Financial Results on Wednesday, November 6, 2024 at 4:30 p.m. ET

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, welcomes back Anita Chang as Chief Operating Officer (COO). With over twenty-five years of experience in product management, engineering, and global operations, Chang will oversee global manufacturing, supply chain, engineering and quality teams to support the company's ambitious growth and operational goals. "Anita's return comes at an exciting ti.

Tigo Energy Welcomes Anita Chang as Chief Operating Officer

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo”), a leading provider of intelligent solar and energy software solutions, today announced its collaboration with PROINSO, a global solar developer and equipment provider, to support solar installers in Costa Rica as the NEC 690.12 rapid shutdown standard becomes a requirement in the market. As the country's solar market sees untapped potential while maintaining a reputation as a leader in renewable energy initiatives, en.

Tigo Energy Delivers Rapid Shutdown in Costa Rica as Mandates Take Hold Across Latin America

CAMPBELL, Calif.--(BUSINESS WIRE)--As broad efforts to slash carbon emissions in the UK drive the growth of solar, Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, today announced the full stack of solar products and installer services it will showcase at the Solar & Storage Live trade show. With the UK's solar capacity surpassing 16GW in 2024 and residential installations making up over 80% of solar projects, Tigo is deliveri.

Tigo Energy to Showcase Advanced Solar Solutions at Solar & Storage Live 2024 UK

Verint Systems

QUINCY, Mass.--(BUSINESS WIRE)--Granite Telecommunications, a leading $1.8 billion provider of communications and technology solutions to businesses and government entities, will host Senator Edward Markey for the official ribbon-cutting ceremony at its new headquarters on Friday, September 20. Located at 1 Heritage Drive in Quincy, this modern facility, situated near Granite's prior headquarters, helps implement the company's forward-thinking vision—“Granite 2.0.” Granite is investing more tha.

MEDIA ADVISORY: Granite Will Cut Ribbon on its New Tech HQ on September 20

SAN FRANCISCO--(BUSINESS WIRE)--Motive Practicing Wisely and Amino Health announce Amino Motivate, an ACO solution that offers performance analytics and consulting services.

Amino Health and Motive Practicing Wisely Offer New Solution to Strengthen ACO Performance

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo” or “the Company”), a leading provider of intelligent solar and energy software solutions, today announced that the Company's Chinese affiliate, Tigo Energy Equipment Trading (Suzhou) Co., Ltd., has filed a patent infringement lawsuit against Zhejiang Benyi New Energy Co., Ltd. The complaint (Case No. (2024) Hu 73 Zhi Min Chu No. 177) was filed in the Shanghai Intellectual Property Court on August 21, 2024. The complaint.

Tigo Energy Files Patent Infringement Suit Against Zhejiang Benyi New Energy Co., Ltd.

CAMPBELL, Calif.--(BUSINESS WIRE)--As global solar deployment is forecasted to add 3.8 terawatts (TWac) of new project capacity by 2033, Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, today announced its comprehensive lineup of installer service solutions for the 2024 RE+ tradeshow. Tigo will demonstrate how its innovative products, exceptional service, and robust software solutions create an integrated ecosystem that empowers s.

Tigo Energy Delivers Installer Services and Products for Total Quality Solar at RE+ 2024

CAMPBELL, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo”, or the “Company”), a leading provider of intelligent solar and energy storage solutions, is confirmed to present at the 2024 Annual Gateway Conference , which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA.

Tigo Energy to Present at the 2024 Gateway Conference on September 5th

SÃO PAULO & CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, today announced that the Company's presence at the 2024 Intersolar South America in São Paulo, Brazil will focus on supporting installers with high-quality products and quality-focused service programs. At the show, Tigo representatives will showcase the Tigo Energy Intelligence (EI) Professional software platform and the entire family.

Tigo Energy Showcases 800W MLPE and Installer Service Program for LATAM at Intersolar South America

Tigo Energy, Inc. (NASDAQ:TYGO ) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Zvi Alon - Chairman and Chief Executive Officer Bill Roeschlein - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Eric Stine - Craig-Hallum Capital Group Amit Dayal - H.C. Wainright Operator Good afternoon.

Tigo Energy, Inc. (TYGO) Q2 2024 Earnings Call Transcript

Tigo Energy, Inc. (TYGO) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to earnings of $0.14 per share a year ago.

Tigo Energy, Inc. (TYGO) Reports Q2 Loss, Lags Revenue Estimates

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. ("Tigo", or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the second quarter ended June 30, 2024 and financial guidance for the third quarter ending September 30, 2024. Recent Financial and Operational Highlights Quarterly revenue of $12.7 million GAAP gross margin of 30.4% GAAP operating loss of $8.4 million GAAP net loss of $11.3 million Ad.

Tigo Energy Reports Second Quarter 2024 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, today announced that more than 520 solar installations have been enrolled in the Tigo Green Glove program, which provides support and resources throughout every phase of system installation. With a primary focus on delivering Total Quality Solar via a premium customer experience for Commercial and Industrial (C&I) installers, the Green Glove pr.

Tigo Energy Crosses 500-Installation Engagement Mark With Green Glove Program

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy Inc. (Nasdaq: TYGO) (“Tigo” or the “Company”), a leading provider of intelligent solar and energy software solutions, will hold a conference call on Tuesday, August 6, 2024 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2024. Financial results will be issued in a press release prior to the call. Tigo management will host the presentation, followed by a question-and-answer pe.

Tigo Energy Inc. to Report Second Quarter 2024 Financial Results on Tuesday, August 6, 2024 at 4:30 p.m. ET

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, today announced that MidNite Solar Inc., a manufacturer of innovative alternative energy products, has licensed Tigo rapid shutdown technology for its module-level products. Under the agreement, MidNite Solar products are authorized to use the technologies described in Tigo rapid-shutdown and optimization patents. Tigo is a leader in rapid shutdown.

Tigo Energy Welcomes MidNite Solar as Latest Rapid Shutdown Licensee

FISHERS, Ind.--(BUSINESS WIRE)-- #compression--Recovery Force Health (RF Health) announced today that its Movement And Compressions (MAC) System, the world's first wearable therapeutic compression device that also measures and displays real-time patient mobility data, has received an Innovative Technology contract from Vizient, Inc., the nation's largest provider-driven healthcare performance improvement company. The contract was awarded based on the recommendation of the MAC System by hospital experts who se.

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