Tecogen Inc (TGEN) Q3 2024 Earnings Call Highlights: Strategic Growth Amidst Revenue Challenges [Yahoo! Finance]
TECOGEN INC (TGEN)
Last tecogen inc earnings: 3/12 09:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.tecogen.com
Company Research
Source: Yahoo! Finance
Tecogen Inc ( TGEN ) has seen a significant increase in its backlog, growing from $5 million to over $10 million, with expectations of further orders before year-end. The company is forecasting sequential revenue growth, with projections of over $6 million in Q4 and over $7 million in Q1 2025. Tecogen Inc ( TGEN ) is making strategic inroads into the data center market, which is expected to be a significant growth area due to the increasing power demands of AI applications. The company has successfully diversified its project locations beyond New York and the Northeast, with projects in Nevada, Florida, and Missouri. Tecogen Inc ( TGEN ) has implemented operational improvements, such as a new lubrication system, which is expected to reduce service costs and increase uptime. Tecogen Inc ( TGEN ) experienced a 21% decrease in third-quarter revenues compared to the previous year, primarily due to limited production capacity following a move of its manufacturing and administrat
Show less
Read more
Impact Snapshot
Event Time:
TGEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TGEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TGEN alerts
High impacting TECOGEN INC news events
Weekly update
A roundup of the hottest topics
TGEN
Sec Filings
- 11/14/24 - Form 10-Q
- 11/14/24 - Form 8-K
- 9/27/24 - Form 4
- TGEN's page on the SEC website