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

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

Northland Downgrades Shoals Technologies Group (SHLS) to Market Perform, 'Strong Q4 Beat & Mixed 2023 Guide; Downgrading on Likely Growth Challenges'

March 1, 2023 7:36 AM EST

Northland Capital Markets analyst Donovan Schafer downgraded Shoals Technologies Group (NASDAQ: SHLS) from Outperform to Market Perform with a price target of $27.00 (from $30.00).

The analyst comments "SHLS reported a strong Q4 and mixed 2023 guide. While Q4 was strong and 2023 guide... More

Shoals Technologies Group, Inc. (SHLS) Tops Q4 EPS by 7c

February 28, 2023 4:28 PM EST

Shoals Technologies Group, Inc. (NASDAQ: SHLS) reported Q4 EPS of $0.15, $0.07 better than the analyst estimate of $0.08. Revenue for the quarter came in at $94.7 million versus the consensus estimate of $86.35 million.

GUIDANCE:

Shoals Technologies Group, Inc. sees FY2023 revenue of $470-510... More