Tigo Energy beats Q3 revenue, adjusted EBITDA estimates

Tigo Energy

28/10/2025 20:26

Overview

Tigo Energy Q3 revenue grows 115% yr/yr, beating analysts' expectations

Adjusted EBITDA for Q3 beats analyst expectations

Company announces partnership with EG4 Electronics to boost domestic market performance

Outlook

Company expects Q4 revenue between $29.0 mln and $31.0 mln

Tigo Energy anticipates full-year revenue of $102.5 mln to $104.5 mln

Company expects Q4 adjusted EBITDA between $2.0 mln and $4.0 mln

Result Drivers

REGIONAL GROWTH - Strong growth in EMEA and Americas regions, with U.S. sales up 68% sequentially

NEW PARTNERSHIP - Partnership with EG4 Electronics to enhance U.S. market performance

OPERATING PROFITABILITY - Return to GAAP operating profitability due to revenue growth and cost management

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$30.61 mln
$29.60 mln (4 Analysts)
Q3 Net Income
-$2.20 mln
Q3 Adjusted EBITDA
Beat
$2.90 mln
$2.51 mln (4 Analysts)
Q3 Gross Profit
$13.10 mln
Q3 Operating Expenses
$12.40 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 $4.75, about 47.2% above its October 27 closing price of $2.51

Press Release: ID:nBw3TgMQFa

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(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.)