Tigo Energy beats Q2 revenue estimates

Tigo Energy

29/07/2025 21:24

Overview

Tigo Energy fiscal Q2 rev grows 89.4% yr/yr, beating analyst expectations

Adjusted EBITDA for fiscal Q2 beats consensus, marking return to profitability

Co raises full-year 2025 revenue guidance, reflecting strong demand

Outlook

Tigo Energy raises 2025 revenue outlook to $100 mln-$105 mln

Company expects Q3 revenue between $29 mln and $31 mln

Tigo Energy sees Q3 adjusted EBITDA between $2 mln and $4 mln

Company cites strong demand and backlog that are expected to ship in the third quarter exceeds Q2 revenue

Result Drivers

STRONG DEMAND - Demand for MLPE products drove revenue growth, per CEO Zvi Alon

EMEA REVENUE - EMEA region accounted for 76% of total revenue, showing strong sequential growth

CASH POSITION - Cash balance increased by $7.7 mln, contributing to adjusted EBITDA profitability, per CFO Bill Roeschlein

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$24.10 mln
$21.50 mln (4 Analysts)
Q2 Net Income
-$4.40 mln
Q2 Adjusted EBITDA
Beat
$1.10 mln
-$1.25 mln (4 Analysts)
Q2 Gross Profit
$10.80 mln
Q2 Operating Expenses
$12.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Tigo Energy Inc is $3.25, about 62.5% above its July 28 closing price of $1.22

Press Release: ID:nBw3YRWKHa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)