Shoals technologies revenue. 7 million – – Acquires ConnectPV, a Leading Provider of EBOS Products for Feb 28, 2024 · Shoals Technologies , which belongs to the Zacks Solar industry, posted revenues of $130. 0 million –. 8M misses by $3. 21 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 6. 2 million – – System Solutions Represented 77% of Revenue in the Second Quarter – – Reaffirms 2022 Outlook – PORTLAND, Tenn. Net income / (loss) attributable to Shoals Jun 8, 2023 · Shoals Technologies' Q1 results demonstrated strong demand, with revenue of $105M and adjusted EBITDA of $36. 5% Significantly Impacted by $50. – Reports Record Second Quarter Revenue Increased 38% Year-Over-Year to $59. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced the 1 day ago · The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 21, 2024 in Shoals Technologies Group, Inc. 20 beats by $0. 7 million for the prior-year period, driven by higher sales volumes as a result of increased domestic demand for solar EBOS. 5 million for the prior-year period, driven by higher sales volumes as a result of increased demand for Feb 28, 2024 · For the first quarter of 2024, Shoals Technologies Group Inc expects revenue to be in the range of $90 million to $100 million and adjusted EBITDA to be between $15 million and $20 million. 6 million – – Provides 2023 Outlook for Continued Strong Growth – PORTLAND, Tenn. – Gross Margin of 10. – System Solutions Revenue Increased 62% Mar 11, 2022 · By Jules Scully. Class A SHLS stock quote prices, financial information, real-time forecasts, and Feb 28, 2023 · Shoals Technologies, which belongs to the Zacks Solar industry, posted revenues of $94. 23M SA News Tue, Nov. SEC Filing - Quarterly Report (10-Q) May Jun 14, 2023 · Mr. 9m (up 50% from Dec 13, 2022 · About Shoals Technologies Group, Inc. , June 14, 2023 (GLOBE NEWSWIRE) - Shoals Technologies Group, Inc. 28, 2023 (GLOBE NEWSWIRE) - Shoals Technologies Feb 28, 2024 · Fourth Quarter 2023 Financial Results. Revenue decreased 14%, to $90. This suggests a possible upside of 126. 94 m in annual revenue in FY 2023. 1,309. August 10, 2021 · 21 min read. Shoals Technologies, which belongs to the Zacks Solar industry, posted revenues of $130. Shoals Follows Array May 22, 2024 · Shoals Technologies Non-GAAP EPS of $0. View real-time SHLS stock price and news, along with industry-best analysis. – System Solutions Revenue Grew 40% Year-Over-Year –. Mar 10, 2022 · – Record Revenue and Gross Profit for Full Year 2021 – – System Solutions Revenue Increased 29% Year-Over-Year in the Fourth Quarter – – Gross Margin of 38. , Oct. Shoals Technologies Group. 3 million – – Shoals Technologies Group, LLC May 8, 2023 · – Revenue of $105. 7 million for the prior-year period, driven by higher sales volumes as a result of increased domestic Aug 1, 2023 · Second Quarter 2023 Financial Results. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. With experience at Siemens and Southwire Company, Karen has led initiatives that have substantially increased revenue streams and fostered pivotal partnerships. – System Solutions Revenue Increased 29% Year-Over-Year in the Fourth Quarter –. 2023 Outlook: Revenue to be in the range of $485 At Shoals Technologies Group, we promise to treat your data with respect and will not share your information with any third party. 24, 2023 (GLOBE NEWSWIRE) - Shoals Technologies Group, Inc. – Gross Margin of 38. Revenue grew 38%, to $130. 55M Shoals Technologies Q1 2024 Earnings Preview Solar shares surge as China pledges measures against price war Nov 7, 2023 · – Record Quarterly Revenue of $134. 07 beats by $0. 6% improvement in sales compared to the last 12 months. This reflects an okay 4. ( NASDAQ:SHLS ), might not be a large cap stock, but it saw a significant share price rise of 24% in the past couple of months on the NASDAQGM. – Revenue Nearly Doubled Year-Over-Year to $94. PRESS RELEASE GlobeNewswire. Mar 14, 2024 · Shoals Technologies is a promising investment option in the solar energy market, with plans for expansion and job creation. In the year 2023, Shoals Technologies Group had annual revenue of $488. Aug 15, 2022 · – Revenue Grew 23% Year-Over-Year to Record $73. 69%. – Revenue Grew 23% Year-Over-Year to Record $73. 4% Reflecting Higher Mix of Components sales and Acquisition Impacts – – Backlog and Awarded Orders Up 101% Year-Over-Year to a Record $270. Shoals Technologies is set to double its electrical balance of systems (BOS Mar 4, 2024 · The recently appointed Vice President of Sales, Karen Bazela brings a wealth of strategic acumen and dynamic leadership to the Shoals Technologies Group team. 5% per annum. (Eastern Time) on the same day. See why SHLS stock is buy rated. Adjusted net income to be in the range of $90 million to $110 million. Reports Financial Results for Fourth Quarter 2022. Aug 1, 2023 · Shoals Technologies , which belongs to the Zacks Solar industry, posted revenues of $119. 4 million, up 38% Year-Over-Year –. 05 earnings per share for the quarter, beating analysts' consensus estimates of $0. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today Mar 2, 2023 · Looking forward, Shoals Technologies expected that its adjusted EBITDA would be in the range of US$140 million to US$155 million this year, increasing by 50. 55M SA News Tue, May 07 4 Comments Shoals Technologies Group, Inc. – Record Revenue and Gross Profit for Full Year 2021 –. 21 B . 0% improvement in revenue Shoals Technologies Group, Inc. 1 million – – Backlog and Awarded Orders Increased 47% Year-Over-Year to $631. 32 B an increase over the years 2021 revenue that were of $0. Company revenue for the same period amounts to 90. $109. 29 in the next year. 2 million Wire Insulation Shrinkback Expenses – – Net Loss of $(9. – Reports Record Quarterly Revenue, Gross Profit, Adjusted EBITDA and Adjusted Net Income –. SEC Filing - Quarterly Report (10-Q) May Feb 28, 2024 · Shoals Technologies Group, Inc. Stock Name. Interested investors and other parties can listen to a webcast of the May 7, 2024 · First Quarter 2023 Financial Results. – Gross Margin Expanded Aug 21, 2023 · Shoals Technologies sinks after delivering mixed Q1, weak guidance Shoals Technologies Non-GAAP EPS of $0. 38% growth year-over-year. 6 million – – Backlog and Awarded Orders Up 63% Year-Over-Year to a Record $327. Return on equity is forecast to be 15. $ Market cap P/E ratio $ Price 1d change 52-week range. 6 million – – Backlog and Awarded Orders Up 63% Year-Over-Year to a Record . Revenue of $134. 5 million, up 75% Compared to the Prior Year May 16, 2024 · Shoals Technologies Group had revenue of $474. 1 million, up 55% Compared to the Prior Year Period and a Quarterly Record – – System Solutions Revenue of $91. This compares May 16, 2022 · Shoals Technologies Group. 4 million, up 38% Year-Over-Year – – Gross Margin of 42. This would be a credible 2. 66% surprise. – System Jan 27, 2021 · For the nine months ended Sept. 2 million, up 48% Year-Over-Year – – Gross Margin of 10. "Shoals is expecting FY24 revenues in the range of $480 May 22, 2024 · Shoals Technologies Non-GAAP EPS of $0. 94M with 49. (SHLS) on Wednesday, February 28, 2024 as an 8K 2. 34 M USD. 5 million in the Second Quarter –. 5 million, up 75% Compared to the Prior Year Revenue in 2023 (TTM): $0. 3% per annum respectively. 44 million for the quarter ended December 2023, missing the Zacks Consensus Estimate by 1. 55M Feb 28, 2023 · Shoals Technologies Group, Inc. 06 USD which accounts for 20. 2 million, up 48% Year-Over-Year –. 9 million. 1M, while backlog and awarded orders increased 23% sequentially. This compares to earnings of $0. 8) million – – Adjusted EBITDA of $48. Since its founding in 1996, the Company has introduced innovative technologies and systems solutions that allow its customers to Aug 1, 2023 · Revenue grew 62% year-over-year, while System Solutions revenue increased 80% compared to the year-ago period, as customers continue to partner with and use Shoals for their EBOS needs. This compares May 20, 2024 · Who is Shoals Technologies Group. 4% and 10. This signifies a 2 days ago · Shoals Technologies sinks after delivering mixed Q1, weak guidance SA News Wed, May 08 2 Comments Shoals Technologies Non-GAAP EPS of $0. 13, 2022 (GLOBE NEWSWIRE) - Shoals Technologies Group, Inc. If you experience any issues with this process, please contact us for further assistance. Phone Number 615-451-1400. Nov 7, 2023 · Shoals Technologies Group, Inc. 01, revenue of $90. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 47. stock information by Barron's. – Gross Margin of 42. 3 million, with international orders now representing more than 10% of this figure. 2 million, up 48% Year Feb 28, 2023 · “Shoals set new records for revenue, gross profit, net income, adjusted EBITDA and adjusted net income in both the fourth quarter and full year. Feb 28, 2024 · Based on current business conditions, business trends and other factors, for the full year 2024, the Company expects: Revenue to be in the range of $480 million to $520 million. com. Reports Financial Results for Second Quarter 2021. This was above the analyst estimate for EPS of 6 cents. 4 million, compared to $94. Shoals maintains a diverse portfolio of PV balance of systems products, including combiner/re-combiner boxes, master fuse boxes, custom harnessing solutions Shoals Technologies Gr reported earnings per share of 7 cents. 5% –. The company designs, manufactures, and sells system solutions for both Jan 3, 2024 · Revenue Growth: Shoals Technologies Gr's remarkable performance in 3 months is evident. 66M in the twelve months ending March 31, 2024, with 30. Lawsuit - SHLS. – Reports Record Revenue and Earnings for 2020 –. 5 million vs. Represents the company's profit Apr 16, 2024 · Shoals Technologies is an EBOS solutions provider primarily to the solar industry, but it also serves the EV and battery energy market. shoals. 49%. 30, Shoals reported revenue of $136. 9%, Expanding 720 bps Over the Prior Year Period – – Backlog and Awarded Orders of $527. 28M consensus May 7, 2024 · Shoals Technologies Gr reported earnings per share of 7 cents. The reported $0. 28, 2024 (GLOBE NEWSWIRE) - Shoals Technologies Group, Inc Aug 1, 2023 · Shoals Technologies, which belongs to the Zacks Solar industry, posted revenues of $119. 2 million Wire May 22, 2024 · Shoals Technologies Non-GAAP EPS of $0. This signifies a Mar 7, 2024 · After this downgrade, Shoals Technologies Group's 18 analysts are now forecasting revenues of US$502m in 2024. 81 million during the quarter, compared to the consensus estimate of $94. 12 per share, missing the Zacks Consensus Estimate of $0. 8 million, compared to $105. 0 million – – Revenue Growth Expected to Accelerate in 2022 – PORTLAND, Tenn. – Revenue of $105. Image: Shoals Technologies. – Quarterly Revenue of $130. – Record Quarterly Revenue of $134. 8% Y/Y) misses by $1. Reports Financial Results for Fourth Quarter 2023. 00 to $33. This was 6. 4% in 3 years. 15 per share a year ago. Shoals Technologies Non-GAAP EPS of $0. 5% Significantly May 8, 2023 · – Revenue of $105. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 37. 8 million for the prior-year period, driven by higher sales volumes as a result of increased demand for solar EBOS generally and the Company’s combine-as-you-go system solutions specifically and initial sales of our EV solutions products. 8% for the Full Year 2021 – – Backlog and Awarded Orders Nearly Doubled Year-Over-Year to a Record $299. SEC Filing - Quarterly Report (10-Q) May Company Type For Profit. This compares Mar 1, 2024 · Shoals Technologies Group ( NASDAQ:SHLS ) Full Year 2023 Results Key Financial Results Revenue: US$488. 2 million, compared to $90. 8 million, compared to $59. Their SHLS share price targets range from $6. – System Solutions Revenue Increased 150% Year Jan 29, 2021 · Shoals Technologies is a way to play the solar boom. 05. 7 million – – System Solutions Revenue Increased 150% Year-Over-Year – – Gross Margin Expanded More Than 950 bps Year-Over-Year – – Backlog and Awarded Orders Up 43% Year-Over-Year to $428. Adjusted EBITDA to be in the range of $150 million to $170 million. Fiscal Q1 2024 ended 3/31/24. Shoals Technologies Group, Inc. – Fourth Quarter Gross Margin Expands More Dec 13, 2022 · – Promotions Demonstrate Depth of Leadership Experience – – Appointments Strengthen Executive Team – PORTLAND, Tenn. Shoals Technologies Group is a leading manufacturer of balance of systems solutions. 3 million, Nearly Double the Prior Year Period and Representing 87% of First Quarter Revenue – – Gross Margin of 45. Shoals Technologies manufactures a diverse portfolio of solar balance of systems products, including combiner/re-combiner boxes, disconnect boxes, custom harnessing solutions, junction boxes, wire, in-line fuses and racking and monitoring solutions. Shoals Technologies Group has 4 employees at their 1 location and $488. 8 million – – System Solutions Revenue Increased 5% Year-Over-Year to $38. Founded by Dean Solon in 1996, Shoals Technologies Group's roots lead down the road previously as a Tier 1 automotive manufacturer. I like the role of the company in this sphere, its revenue base and solid earnings. $17. (NASDAQ: SHLS). 6% in early trading Thursday after reporting weaker than expected Q4 adjusted earnings and issuing below-consensus guidance for Q1 and FY 2024 revenues. Shareholders who purchased shares of SHLS duri Nov 7, 2023 · – Record Quarterly Revenue of $134. 6m in 2024. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. Measures how much net income or profit is generated as a percentage of revenue. 6%-66. Shoals Technologies Group is forecast to grow earnings and revenue by 30. Nov. 21M misses by $1. 6 million – – Gross Margin of 36. NEW YORK , May 21, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Shoals Technologies Group, Inc. – First Quarter Revenue Increased 49% Year-Over-Year to Record $68. Dec 31, 2020 · – Reports Record Revenue and Earnings for 2020 – – Fourth Quarter Gross Margin Expands More Than 530 bps Year-Over-Year – – Backlog at December 31, 2020 up 46% Versus Last Year – – Provides 2021 Outlook for Continued Strong Growth – PORTLAND, Tenn. – Net Income Mar 15, 2021 · Shoals Technologies Group, Inc. This Shoals Technologies Group Inc. 7 million –. Nov 14, 2022 · Revenue grew 52%, to $90. 2 million –. 04 by $0. 81 M USD despite the estimated figure of 94. is a leading provider of electrical balance of systems ("EBOS") solutions for solar, storage, and electric vehicle charging infrastructure. 5 million in the Second Quarter – – Record Gross Profit of $28. For Nov 7, 2023 · – Record Quarterly Revenue of $134. 1 million for the prior-year period, due to lower sales volumes resulting from fewer production days May 17, 2024 · Website. 47 B . It missed revenue estimates by -$1. 55M Shoals Technologies Q1 2024 Earnings Dec 29, 2023 · While other solar players have seen sales decline, Shoals' backlog set a record high at $633M, which is almost 5 quarters of revenue. 372B. Mar 10, 2022 · Shoals Technologies Group. Moss Brings a Proven Track Record of Driving Growth and Value Creation to Shoals PORTLAND, Tenn. Contact Email sales@shoals. The recent May 7, 2024 · First Quarter 2023 Financial Results. Net income was $29. 1 day ago · SHLS. The company filed a Nov 7, 2023 · Shoals Technologies press release (NASDAQ:SHLS): Q3 Non-GAAP EPS of $0. May 8, 2024 · Shoals Technologies Gr reported earnings per share of 7 cents. Reports Financial Results for Third Quarter 2023. 1 million, up 55% Compared to the Prior Year Period and a Quarterly Record –. Brandon Moss. , March 15, 2021 (GLOBE NEWSWIRE) - Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2022. 1 million for the prior-year period, due to lower sales volumes resulting from fewer production days Feb 28, 2024 · Shoals Technologies, which belongs to the Zacks Solar industry, posted revenues of $130. The revenue is the total amount of income that a company generates by the sale of goods or services. Revenue in the quarter ending March 31, 2024 was $90. 6 million – – Adjusted EBITDA of $39. See insights on Shoals Technologies Group including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 0 million, up 81% Year-Over-Year – – Backlog and Awarded Orders Increased 34% Year-Over-Year to $633. This May 8, 2023 · Shoals Technologies Group, Inc. Revenue to be in the range of $85 million to $95 million, vs. View Shoals Technologies Group, Inc. 65 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 9. Aug 10, 2021 · Shoals Technologies Group. 10%. 3 million – – Provides First Quarter and Full Year 2024 Outlook – PORTLAND, Tenn. earnings per share and revenue SHLS earnings per share for the last quarter are 0. Nov 7, 2023 · Shoals Technologies Group Inc's backlog and awarded orders increased by 34% year-over-year to $633. Revenue grew 62%, to $119. Nov 14, 2022 · November 14, 2022 at 4:05 PM · 21 min read. Through innovation and diversification Shoals has grown exponentially since its founding in 1996. 1 million for the prior-year period, due to lower sales volumes resulting from fewer production days – Revenue Nearly Doubled Year-Over-Year to $94. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading Nov 7, 2023 · Third Quarter 2023 Financial Results. 05, revenue of $134. 21M (+47. $1. 7, 2023, 04:05 PM. 02 Apr 23, 2024 · Shoals Technologies Group, Inc. Jun 30, 2021 · Shoals Technologies Group, Inc. 77% worse than the Oct 24, 2023 · PORTLAND, Tenn. Complete Shoals Technologies Group Inc. 489B. EPS is expected to grow by 30. Revenue grew 48%, to $134. , March 10, 2022 (GLOBE NEWSWIRE Feb 28, 2024 · – Quarterly Revenue of $130. 81M, a -13. , Feb. 4% from the stock's current price. 01. 00. 7% year-on-year. On average, they predict the company's stock price to reach $17. 55% growth. 3 million a year ago. 07, 2023 Shoals Technologies Q3 2023 Earnings Preview Shoals Technologies Gr reported earnings per share of 7 cents. 2 million, compared to $73. May 7, 2024 · Shoals Technologies, a solar energy technology company, reported earnings for the first quarter of 2024. Reports Financial Results for First Quarter 2023. 23M . This compares Aug 15, 2022 · – Revenue Grew 23% Year-Over-Year to Record $73. 77% worse than the May 7, 2024 · First Quarter 2023 Financial Results. Oils/Energy. 3 million – – Shoals Technologies Group, LLC 6 days ago · SHLS Competitors. 7 million, up 28% from the year-ago period. 81 million. 44 million. 77%. – Second Quarter Gross Profit Margin Expands More Than 500 bps Year-Over-Year –. For additional information, please 2 days ago · Shoals Technologies Group last posted its earnings results on May 7th, 2024. 81% . Revenue. is a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle charging Aug 15, 2022 · Shoals Technologies Group, Inc. Shoals recently opened a new manufacturing facility Nov 7, 2023 · Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its third quarter 2023 results after market close on Tuesday, November 7, 2023, to be followed by a conference call at 5:00 p. The company reported revenue of $90. $0. The following information was filed by Shoals Technologies Group, Inc. – System Solutions Revenue Increased 62% to $51. 8 million for the prior-year period, driven by higher sales volumes as a result of increased domestic Feb 28, 2024 · Fourth Quarter 2023 Financial Results. Reports Financial Results for Fourth Quarter and Full-Year 2020. Nov 9, 2021 · – Revenue Increased 14% Year-Over-Year to a Record $59. is a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle charging Mar 9, 2023 · Shoals Technologies reported a strong annual performance, with substantial increases in net income and revenue. 59% decrease year-over-year. 15, 2022 (GLOBE NEWSWIRE) - Shoals Technologies Group Feb 29, 2024 · Shoals Technologies (NASDAQ:SHLS) -13. Solar Equipment and Services. 07 USD whereas the estimation was 0. May 22, 2024 · 19 brokers have issued 12 month price objectives for Shoals Technologies Group's shares. , Aug. 17 per share. www. 48 B According to Shoals Technologies 's latest financial reports the company's current revenue (TTM ) is $0. 55M SA News Tue, May 07 5 Comments Shoals Technologies Group, Inc. Jan 22, 2024 · Revenue Growth: Shoals Technologies Gr's remarkable performance in 3 months is evident. m. 1996. Shoals Technologies Group provides an electrical balance of system or EBOS solutions for solar energy and EV charging. In 2022 the company made a revenue of $0. Unfortunately, a great deal of momentum has killed all the Feb 28, 2024 · Shoals Technologies Group (SHLS) came out with quarterly earnings of $0. 8 6 days ago · Shoals Technologies Non-GAAP EPS of $0. Shoals’ revenues increased 22% last year to US$213. The business earned $90. Mar 7, 2024 · About Shoals Technologies Group, Inc. 5% – – Net Income of $16. Reported on 5/7/24. – Record Gross Profit of Mar 2, 2024 · Taking into account the latest results, the consensus forecast from Shoals Technologies Group's 19 analysts is for revenues of US$508. – Revenue Grew 52% Year May 7, 2024 · Revenue Growth: Shoals Technologies Gr's revenue growth over a period of 3 months has been noteworthy. Find out why SHLS stock is a Hold. , Dec. is a recognized leader in the renewable energy industry whose solutions are deployed on over 62 GW of solar systems globally. ed ff bx yw iu jn rj zt gt qx