Shoals Technologies Group, Inc. (SHLS) Tops Q3 EPS by 2c
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Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2022
November 14, 2022 4:05 PM ESTReports Record Quarterly Revenue, Gross Profit, Adjusted EBITDA and Adjusted Net Income
Revenue Grew 52% Year-Over-Year to $90.8 million in the Third Quarter
System Solutions Revenue Grew 80% Year-Over-Year to $69.5 million, Representing 77% of Revenue in the Third Quarter
Third Quarter Gross Margin Expanded More Than 330 bps Year Over Year to 39.7%
Backlog and Awarded Orders Up 74% Year-Over-Year to a Record $471.2 million
Raising Low End of 2022 Outlook to Reflect Recent Performance and Improving Business Conditions
PORTLAND, Tenn., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals or the Company) (Nasdaq:... More
