Tigo Energy Expects Prelim. Q3 Revenue Of $17M-$18M vs Prior Outlook Of $41M-$45M
Portfolio Pulse from Bill Haddad
Tigo Energy has revised its preliminary Q3 revenue outlook to $17M-$18M, down from the previous estimate of $41M-$45M.
October 09, 2023 | 12:34 pm
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NEGATIVE IMPACT
Tigo Energy's revised Q3 revenue outlook is significantly lower than previously estimated, which could negatively impact its stock price.
Tigo Energy's revised Q3 revenue outlook is significantly lower than previously estimated. This could lead to a negative market reaction, potentially causing a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100