Shoals Technologies Group, Inc. (SHLS) Tops Q4 EPS by 7c
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Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2022
February 28, 2023 4:08 PM ESTRevenue Nearly Doubled Year-Over-Year to $94.7 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 $428.6 million
Provides 2023 Outlook for Continued Strong Growth
PORTLAND, Tenn., Feb. 28, 2023 (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 fourth quarter and full year ended December 31, 2022.
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