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Stock impact report

Tigo Energy Inc (TYGO) Reports Significant Revenue Growth Amid Market Challenges [Yahoo! Finance]

Tigo Energy, Inc. (TYGO) 
Company Research Source: Yahoo! Finance
Net Loss : Q4 net loss of $14.8 million; Full year net loss of $984 thousand. Adjusted EBITDA : Negative $11.6 million for Q4; Positive $1.0 million for the full year. Operational Milestone : Deployment of the 10 millionth Tigo TS4 device. Product Expansion : Growth in GO ESS product line, representing 9.2% of total revenues. Strategic Acquisition : Acquisition of Predict+ AI-based software solution for energy prediction. Warning! GuruFocus has detected 3 Warning Sign with TYGO. On February 13, 2024, Tigo Energy Inc ( NASDAQ:TYGO ), a leader in solar power conversion and storage solutions, released its 8-K filing , detailing the financial results for the fourth quarter and full year ended December 31, 2023. Despite facing market headwinds, the company achieved a substantial increase in annual revenue, driven by product deployment and international market expansion. Company Overview Tigo Energy Inc designs and manufactures innovative solar power conversion and storage Show less Read more
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