Shoals Technologies Group, Inc. (SHLS) Tops Q3 EPS by 5c; Guides FY Revenue Lower
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Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2023
November 7, 2023 4:05 PM ESTRecord Quarterly Revenue of $134.2Â million, up 48% Year-Over-Year
Gross Margin of 10.5% Significantly Impacted by $50.2 million Wire Insulation Shrinkback Expenses
Net Loss of $(9.8) million
Adjusted EBITDA of $48.0 million, up 81% Year-Over-Year
Backlog and Awarded Orders Increased 34% Year-Over-Year to $633.3Â million
Shoals Technologies Group, LLC Filed Lawsuit Against Wire Supplier, Prysmian Cables and Systems USA, LLC, For Recovery of Damages
Raises Outlook For Adjusted EBITDA And Adjusted Net Income
PORTLAND, Tenn., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals or the Company) (Nasdaq:... More
