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-0.0143884892086329 -0.0287769784172661 -0.0287769784172661 -0.0287769784172661 -0.0287769784172661 -0.0287769784172661 -0.0287769784172661 -0.0287769784172661
Stock impact report

Tigo Energy Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Tigo Energy, Inc. (TYGO) 
Company Research Source: Yahoo! Finance
CAMPBELL, Calif., February 13, 2024 BUSINESS WIRE Tigo Energy, Inc. ("Tigo", or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the fourth quarter and full year ended December 31, 2023 and financial guidance for the first quarter ending March 31, 2024. Recent Financial and Operational Highlights Revenue for the full year 2023 of $145.2 million, up 78.6% compared to $81.3 million in the full year 2022. Gross profit for the full year 2023 of $51.3 million, or 35.3% of revenues, up 107.1% compared to $24.8 million, or 30.5% of revenues, in the full year 2022. On a GAAP basis, net loss for the full year 2023 of $1.0 million, compared to a net loss of $7.0 million in the full year 2022. On a non-GAAP basis, adjusted EBITDA for the full year 2023 of $1.0 million, compared to adjusted EBITDA of $2.5 million in the full year 2022. Deployed our 10 millionth Tigo TS4 device. Tigo TS4 p Show less Read more
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