Shoals Technologies Group, Inc. (SHLS) Reports In-Line Q2 EPS, Offers Guidance

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Go back to Shoals Technologies Group, Inc. (SHLS) Reports In-Line Q2 EPS, Offers Guidance

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

August 15, 2022 4:05 PM EDT

Revenue Grew 23% Year-Over-Year to Record $73.5 million in the Second Quarter

Record Gross Profit of $28.6 million

Backlog and Awarded Orders Up 63% Year-Over-Year to a Record $327.2 million

System Solutions Represented 77% of Revenue in the Second Quarter

Reaffirms 2022 Outlook

PORTLAND, Tenn., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (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 results for its second quarter ended June 30, 2022.

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