Tigo Energy, Inc. (TYGO) Reports Q3 Loss, Tops Revenue Estimates
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Tigo Energy, Inc. (TYGO) reported a Q3 loss of $0.22 per share, which was larger than the Zacks Consensus Estimate of a $0.17 loss. However, the company showed improvement compared to a $0.89 loss per share a year ago.
November 07, 2024 | 12:30 am
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Tigo Energy reported a Q3 loss of $0.22 per share, missing the Zacks Consensus Estimate of a $0.17 loss. Despite this, the loss is an improvement from last year's $0.89 per share.
The reported loss per share was worse than expected, which could negatively impact the stock price. However, the improvement from last year's loss and exceeding revenue estimates may offset this, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100