Tigo Energy, Inc. (TYGO) Reports Q1 Loss, Tops Revenue Estimates

Company Performance - Tigo Energy, Inc. reported a quarterly loss of $0.11 per share, better than the Zacks Consensus Estimate of a loss of$ 0.13, and an improvement from a loss of $0.19 per share a year ago, representing an earnings surprise of 15.38% [1] - The company posted revenues of$ 18.84 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 6.53%, and showing significant growth from year-ago revenues of $9.8 million [2] - Over the last four quarters, Tigo Energy has surpassed consensus revenue estimates three times [2] Stock Performance - Tigo Energy shares have declined approximately 15.7% since the beginning of the year, compared to a decline of 3.9% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$ 0.12 on revenues of $20.1 million, and for the current fiscal year, it is -$ 0.43 on revenues of $85.07 million [7] Industry Outlook - The solar industry, to which Tigo Energy belongs, is currently ranked in the bottom 18% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Tigo Energy's stock performance [5][6]