Shoals Technologies Group

Shoals Technologies Group, Inc. provides electrical balance of system solutions for solar energy projects. Its EBOS components include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures and splice boxes. The company was founded by Dean Solon in November 1996 and is headquartered in Portland, TN.

Earnings data Q4 2020

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Shoals Technologies Group achieves record Q4 revenue, sets optimistic 2023 outlook

Shoals Technologies Group reported stellar Q4 2022 results, with strong revenue growth and optimistic outlook for 2023. The company is strategically positioned for growth through international expansion, new products, and EV solutions.

Shoals Technologies Group (SHLS) reports record Q1 results and eyes international expansion

Shoals Technologies Group (SHLS) showcases strong financial performance, strategic IP protection, and market leadership in the solar industry. While facing challenges in labor shortages and project timelines, the company is well-positioned to leverage international expansion and new product offerings for continued growth.

Shoals Technologies Group Achieves Record Q2 Results and Explores International Expansion

Shoals Technologies Group delivered exceptional financial results, achieved significant milestones, and is well-positioned for future growth. While facing challenges related to pricing and product mix, the company has opportunities to capitalize on international demand and refine its strategies for EV charging and international expansion.

Shoals Technologies Group achieves record Q3 revenue growth and expands internationally

Shoals Technologies Group's Q3 performance reflects robust growth in revenue and financial metrics, driven by strong demand and strategic expansion efforts. While facing challenges related to warranty issues and revenue mix, the company is actively addressing these issues and aiming for continued growth by targeting smaller projects and international markets.

Shoals Technologies Group reports stellar Q4 growth and strategic expansion

Shoals Technologies Group delivered strong financial performance in Q4 2023, with robust revenue growth and strategic initiatives for future expansion.
While challenges like market slowdowns and supply chain issues exist, the company's focus on innovation and operational excellence positions them well for growth.
Opportunities in international markets, cost optimization, and manufacturing expansion provide avenues for sustained success and market leadership.

Shoals Technologies Group navigates Q1 challenges, eyes international growth

Shoals Technologies Group faces challenges from project delays and revenue impacts in Q1 2024 but maintains a strong balance sheet and international growth potential. The company's strategic focus on market share gains, CC&I market expansion, and investments in growth initiatives position it well for future opportunities despite near-term industry challenges.

Shoals Technologies reports Q2 revenue decline, focuses on growth strategies

Shoals Technologies Group navigated challenges in the U.S. solar market, reporting mixed financial performance but maintaining a strong backlog and focus on growth.
The company faces headwinds from project delays but remains proactive in addressing issues and pursuing international expansion and product innovation.
Analysts' inquiries into market dynamics and financial impact of delays underscore the need for adaptive strategies and operational efficiency in a competitive landscape.

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Shoals seeks to prohibit the alleged infringing products from importation into the United States Shoals seeks to prohibit the alleged infringing products from importation into the United States

Shoals Technologies Group Files Patent Infringement Complaint with ITC Against Hikam and Voltage

Shoals Technologies (SHLS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Shoals Technologies Group (SHLS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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Shoals Technology is teaming up with Brookfield Renewable on a charging-as-a-service solution. It will combine their expertise to provide a potentially breakthrough solution.

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CaaS solution for EV charging infrastructure eliminates large up-front payments and enables streamlined project deployment CaaS solution for EV charging infrastructure eliminates large up-front payments and enables streamlined project deployment

Shoals Technologies Group, Inc. and Brookfield Renewable Announce Strategic Partnership to Launch Charging-as-a-Service Solution

More electric vehicle charging infrastructure is needed if auto makers, and the U.S. government, are to hit aggressive EV sales goals.

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PORTLAND, Tenn., April 24, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its first quarter 2023 results after market close on Monday, May 8, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Shoals Technologies Group, Inc. Announces First Quarter 2023 Earnings Release Date and Conference Call

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Solar energy is a fast-growing industry that is expected to achieve a compound annual growth rate of about 17.32% through 2027, according to estimates from Mordor Intelligence. Grand View Research also has an optimistic outlook for the industry, anticipating a CAGR of 15.3% through 2030.

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Shoals Technologies Group, Inc. reported its Q4 2022 and full year financial results on February 28, 2023. The firm provides a range of EBOS systems and related products to the solar industry worldwide.

Shoals Technologies Ramps Up International Expansion Efforts

PORTLAND, Tenn., March 07, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “Company”) today announced the pricing of the previously announced underwritten public offering of an aggregate of 24,501,650 shares of the Company's Class A common stock by certain selling stockholders affiliated with Dean Solon (collectively, the “Selling Stockholders”), at a price to the public of $24.70 per share. The Company will not receive any of the proceeds from the sale of Class A common stock offered by the Selling Stockholders.

Shoals Technologies Group, Inc. Announces Pricing of Secondary Offering of 24,501,650 Shares of Class A Common Stock by Selling Stockholders

PORTLAND, Tenn., March 07, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “Company”) today announced the launch of an underwritten public offering of an aggregate of 24,501,650 shares of the Company's Class A common stock by Solon Holdco I, LLC and Solon Holdco II, LLC, affiliates of Dean Solon (collectively, the “Selling Stockholders”). Additionally, the Selling Stockholders intend to grant the underwriter a 30-day option to purchase up to an additional 3,675,247 shares of Class A common stock. The Company's Class A common stock is listed on the Nasdaq Global Market under the symbol “SHLS.”

Shoals Technologies Group, Inc. Announces Launch of Secondary Offering of 24,501,650 Shares of Class A Common Stock by Selling Stockholders

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Shoals Technologies (SHLS) delivered earnings and revenue surprises of 66.67% and 9.69%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Shoals Technologies Group (SHLS) Tops Q4 Earnings and Revenue Estimates

Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q4 2022 Earnings Conference Call February 28, 2023 5:00 PM ET Company Participants Mehgan Peetz - General Counsel, Chief Legal Officer & Corporate Secretary Jason Whitaker - CEO & Director Jeffery Tolnar - President Dominic Bardos - CFO Conference Call Participants David Benjamin - Crédit Suisse Philip Shen - ROTH MKM Partners Jordan Levy - Truist Securities Colin Rusch - Oppenheimer Brett Castelli - Morningstar Inc. Brian Lee - Goldman Sachs Group Martin Malloy - Johnson Rice & Company Donovan Schafer - Northland Capital Markets Kasope Harrison - Piper Sandler & Co. Jeffrey Osborne - Cowen and Company Operator Good afternoon, and welcome to Shoals Technologies Group Fourth Quarter 2022 Earnings Conference Call. Today's call is being recorded, and we have allocated 1 hour for prepared remarks and Q&A.

Shoals Technologies Group, Inc. (SHLS) Q4 2022 Earnings Call Transcript

– Revenue Nearly Doubled Year-Over-Year to $94.7 million –

Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2022

PORTLAND, Tenn., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company” or “Shoals”) (Nasdaq: SHLS) today announced that the Company will release its fourth quarter 2022 results after market close on Tuesday, February 28, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Shoals Technologies Group, Inc. Announces Fourth Quarter 2022 Earnings Release Date and Conference Call

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Demand for Shoals' EBOS solutions exceeded expectations in Q3. Backlog grew significantly demonstrating Shoals' unique proposition in EBOS.

Shoals: Expanding The EBOS Pie

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– Inaugural report highlights company's accomplishments and approach to ESG strategy – – Inaugural report highlights company's accomplishments and approach to ESG strategy –

Shoals Technologies Group, Inc. Releases Inaugural Environmental, Social and Governance (ESG) Report

– Promotions Demonstrate Depth of Leadership Experience –

Shoals Technologies Group, Inc. Announces Key Executive Appointments

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News for Shoals Technologies Group Stock (SHLS)