Tigo Energy Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
Tigo Energy, Inc. (TYGO)
Company Research
Source: Yahoo! Finance
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 million Adjusted EBITDA loss of $8.3 million Cash, cash equivalents, and marketable securities of $19.5 million Shipped 403,000 MLPE, or approximately 202 MWdc assuming an average panel size of 500W Selected to deliver more than 97,000 optimizers, including TS4-X-O's, for Brazil's largest floating solar plant project Total Predict+ meters under management grew to 62,000 and 6 new Predict+ agreements with a multi-year contract value of $0.7 million were signed during the quarter Announced a partnership to deliver rapid shutdown technology to Costa Rica as mandates for solar safety technology spread across L
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TYGO
News
- Tigo Energy Brings Rapid Shutdown Education Event to Malaysia with Solar Hive [Yahoo! Finance]Yahoo! Finance
- Tigo Energy Brings Rapid Shutdown Education Event to Malaysia with Solar HiveBusiness Wire
- Should You Cut Down Your Trees Before Installing Solar Panels? [CNET News]CNET News
- Tigo Energy Prevails in Patent Dispute with SMA, Further Bolstering Intellectual Property Position [Yahoo! Finance]Yahoo! Finance
- Tigo Energy Prevails in Patent Dispute with SMA, Further Bolstering Intellectual Property PositionBusiness Wire
TYGO
Earnings
- 11/6/24 - Miss
TYGO
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- 11/6/24 - Form 8-K
- TYGO's page on the SEC website