Shoals Technologies Group

Shoals Technologies Group, Inc. provides electrical balance of system solutions for solar energy projects. Its EBOS components include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures and splice boxes. The company was founded by Dean Solon in November 1996 and is headquartered in Portland, TN.

Earnings data Q4 2020

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Shoals Technologies Group achieves record Q4 revenue, sets optimistic 2023 outlook

Shoals Technologies Group reported stellar Q4 2022 results, with strong revenue growth and optimistic outlook for 2023. The company is strategically positioned for growth through international expansion, new products, and EV solutions.

Shoals Technologies Group (SHLS) reports record Q1 results and eyes international expansion

Shoals Technologies Group (SHLS) showcases strong financial performance, strategic IP protection, and market leadership in the solar industry. While facing challenges in labor shortages and project timelines, the company is well-positioned to leverage international expansion and new product offerings for continued growth.

Shoals Technologies Group Achieves Record Q2 Results and Explores International Expansion

Shoals Technologies Group delivered exceptional financial results, achieved significant milestones, and is well-positioned for future growth. While facing challenges related to pricing and product mix, the company has opportunities to capitalize on international demand and refine its strategies for EV charging and international expansion.

Shoals Technologies Group achieves record Q3 revenue growth and expands internationally

Shoals Technologies Group's Q3 performance reflects robust growth in revenue and financial metrics, driven by strong demand and strategic expansion efforts. While facing challenges related to warranty issues and revenue mix, the company is actively addressing these issues and aiming for continued growth by targeting smaller projects and international markets.

Shoals Technologies Group reports stellar Q4 growth and strategic expansion

Shoals Technologies Group delivered strong financial performance in Q4 2023, with robust revenue growth and strategic initiatives for future expansion.
While challenges like market slowdowns and supply chain issues exist, the company's focus on innovation and operational excellence positions them well for growth.
Opportunities in international markets, cost optimization, and manufacturing expansion provide avenues for sustained success and market leadership.

Shoals Technologies Group navigates Q1 challenges, eyes international growth

Shoals Technologies Group faces challenges from project delays and revenue impacts in Q1 2024 but maintains a strong balance sheet and international growth potential. The company's strategic focus on market share gains, CC&I market expansion, and investments in growth initiatives position it well for future opportunities despite near-term industry challenges.

Shoals Technologies reports Q2 revenue decline, focuses on growth strategies

Shoals Technologies Group navigated challenges in the U.S. solar market, reporting mixed financial performance but maintaining a strong backlog and focus on growth.
The company faces headwinds from project delays but remains proactive in addressing issues and pursuing international expansion and product innovation.
Analysts' inquiries into market dynamics and financial impact of delays underscore the need for adaptive strategies and operational efficiency in a competitive landscape.

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Shares of several solar-related companies, including Shoals Technologies Group Inc (NASDAQ: SHLS), are trading higher amid a report President Biden will issue a proclamation allowing the import of solar panels from several countries without tariffs for 24 months. Biden is also planning to.

Why Shoals Technologies Group Shares Are Rising

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Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q1 2022 Earnings Conference Call May 16, 2022 5:00 PM ET Company Participants Mehgan Peetz - General Counsel Jason Whitaker - Chief Executive Officer Kevin Hubbard - Interim Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Brian Lee - Goldman Sachs Maheep Mandloi - Credit Suisse Mark Strouse - JPMorgan Colin Rusch - Oppenheimer & Co. Donovan Schafer - Northland Capital Markets Kashy Harrison - Piper Sandler Operator Good afternoon and welcome to Shoals Technologies Group First Quarter 2022 Earnings Conference Call. Today's call is being recorded, and we have allocated one hour for prepared remarks and Q&A.

Shoals Technologies Group, Inc. (SHLS) CEO Jason Whitaker on Q1 2022 Results - Earnings Call Transcript

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Earnings Previews: Sea Limited, Shoals Technologies, Take-Two

PORTLAND, Tenn., May 04, 2022 (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 that it has increased the size of its existing revolving credit facility by $50 million to $150 million pursuant to a fifth amendment to its Credit Agreement with Wilmington Trust, National Association, as Term Loan Administrative Agent and Collateral Agent, JPMorgan Chase Bank, N.A., as Revolving Facility Administrative Agent, and each L/C Issuer and lender from time to time party thereto. The transaction closed on May 2, 2022.

Shoals Technologies Group, Inc. Increases Revolving Credit Facility to $150 Million

– Appoints Interim Chief Financial Officer –

Shoals Technologies Group, Inc. Announces Management Transition and First Quarter Earnings Release Date

A bulked-up order backlog and optimistic revenue guidance make SHLS stock a worthy renewables play for risk-tolerant investors. The post Ride Solar Star Shoals Technologies Group to $35 appeared first on InvestorPlace.

Ride Solar Star Shoals Technologies Group to $35

There is a lot to be optimistic about from Shoals' Q4 results.

Shoals Technologies Shows Resilience In Q4

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Good earnings and a strong outlook had investors bidding up this renewable energy stock today.

Why Shoals Technologies Group Shares Popped 20% Today

Shoals Technologies Group, Inc. (SHLS) CEO Jason Whitaker on Q4 2021 Results - Earnings Call Transcript

New 219,000 sq. ft. facility in Portland, TN to further optimize EBOS manufacturing processes and expand production capacity New 219,000 sq. ft. facility in Portland, TN to further optimize EBOS manufacturing processes and expand production capacity

Shoals Technologies Group Opens New Manufacturing Facility to Support Significant Growth Opportunities

PORTLAND, Tenn., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its fourth quarter 2021 results after market close on Thursday, March 10, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Shoals Technologies Group, Inc. Announces Fourth Quarter 2021 Earnings Release Date and Conference Call

Shoals Technologies Group went public in January 2021, raising $1.9 billion gross proceeds for itself and its parent company.

Shoals Technologies Could Be A Bargain For Patient Investors

Thanks to the BLA system, Shoals' market share increased from 7% in 2017 to 37% in 2021. The market share is expected to reach 60% in a few years.

Shoals Technologies: A Growth Company With A Competitive Moat

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Global renewable energy capacity grew by about 13% in 2021 to 272 gigawatts (GW). Solar generation capacity is expected to expand by an additional 25% in 2022, while new wind generation capacity will decline by about 10% year over year.

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Shoals provides innovative patented EBOS components and systems to the fast-growing solar sector. The company has huge growth potential across numerous different countries and markets.

Shoals Technologies: Uniquely Positioned To Take Advantage Of Renewable And EV Tailwinds

Shoals Technologies Group, Inc. (SHLS) CEO Jason Whitaker on Q3 2021 Results - Earnings Call Transcript

– Revenue Increased 14% Year-Over-Year to a Record $59.8 million –

Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2021

Shoals Technologies has figured out a way to build electrical systems that can be installed without an electrician.

This Electric Tech Stock Is Significantly Lowering the Costs of Labor

PORTLAND, Tenn., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its third quarter 2021 results after market close on Tuesday, November 9, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Shoals Technologies Group, Inc. Announces Third Quarter 2021 Earnings Release Date and Conference Call

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News for Shoals Technologies Group Stock (SHLS)