Shoals Technologies Group, Inc. (SHLS) Misses Q4 EPS by 1c; guides lower

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

February 25, 2025 7:00 AM EST

Quarterly Revenue of $107.0 million

 Adjusted Gross Profit Percentage1 of 37.6%

 Quarterly Net Income of $7.8 million

 Adjusted EBITDA1 of $26.4 million

 Ending Backlog and Awarded Orders of $634.7 million

 Provides First Quarter and Full Year 2025 Outlook

PORTLAND, Tenn., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals or the Company) (Nasdaq: SHLS), a leading provider of electrical balance of system (EBOS) solutions and components, including battery energy storage solutions (BESS), and Original Equipment Manufacturer (OEM) components for the global energy transition market, today announced... More