Tigo Energy, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2024
February 13, 2024 at 04:05 pm EST
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Tigo Energy, Inc. provided earnings guidance for the first quarter ending March 31, 2024. For the quarter, the company Revenues are expected to be within the range of $9 million to $14 million.
Tigo Energy, Inc. is engaged in the development and manufacture of smart hardware and software solutions. The Company designs solar power conversion and storage products. It also develops and manufactures products such as inverters and battery storage systems for the residential solar-plus-storage market. The Company combines its Flex MLPE (Module Level Power Electronics) and solar optimizer technology with intelligent, cloud-based software capabilities for advanced energy monitoring and control. Its MLPE products enable real-time energy monitoring and provide code-required rapid shutdown at the module level. It provides additional products, such as RSS Transmitter, Tigo Access Point (TAP), and Cloud Connect Advanced (CCA). The Company also provides energy intelligence (EI) residential solution, and a Tigo EI monitoring demo. The Company serves various customers, such as equipment manufacturers, installation professionals, commercial businesses, and homeowners.