Tigo Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Tigo Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Tigo Energy Inc TYGO.OQ reported quarterly adjusted earnings of 3 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of four analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -2 cents to 2 cents per share.
Revenue rose 5.6% to $25.41 million from a year ago; analysts expected $30.82 million.
Tigo Energy Inc's reported EPS for the quarter was 3 cents.
The company reported quarterly net income of $2.17 million.
Tigo Energy Inc shares had fallen by 16.3% this quarter and gained 41.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"
Wall Street's median 12-month price target for Tigo Energy Inc is $6.70, about 69.6% above its last closing price of $2.04
This summary was machine generated from LSEG data August 4 at 11:22 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.00 | 0.03 | Beat |
Mar. 31 2026 | -0.03 | -0.02 | Beat |
Dec. 31 2025 | -0.04 | -0.02 | Beat |
Sep. 30 2025 | -0.05 | -0.03 | Beat |
Recent news on Tigo Energy
See all newsTigo Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Tigo Energy Q2 revenue misses estimates on US market weakness
Tigo Energy Inc expected to post breakeven results a share - Earnings Preview
Tigo Energy Q1 revenue rises 34% but misses estimates
Brief: Tigo Energy Q1 Adjusted EBITDA USD -500 Thousand Vs. IBES Estimate USD -40.2 Thousand