Roth/MKM Downgrades Shoals Technologies Group (SHLS) to Neutral

Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2024

Quarterly Revenue of $90.8 million Gross Margin of 40.2% Net Income of $4.8 million Adjusted EBITDA of $20.5 million Backlog and Awarded Orders Increased 17% Year-Over-Year to $615.2 million Provides Second Quarter and Full Year 2024 Outlook

PORTLAND, Tenn., May 07, 2024 (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 first quarter ended March 31, 2024.

Despite additional project delays in the period, the teams continued strong execution allowed Shoals to meet our first quarter... More

Lowey Dannenberg Notifies Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (NASDAQ: SHLS) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,0

NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Shoals Technologies Group, Inc. (Shoals or the Company) (NASDAQ: SHLS) for violations of the federal securities laws on behalf of investors who purchased or acquired Shoals common stock between May 17, 2022 and November 7, 2023, inclusive (the Class Period).

On March 21, 2024, a complaint was filed against the Company and... More

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Shoals Technologies Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SHLS

NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Shoals Technologies Group, Inc. (NASDAQ: SHLS) between May 17, 2022 and November 7, 2023, both dates inclusive (the Class Period), of the important May 21, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Shoals common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency... More