Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2024
SHLSShoals Technologies (SHLS) Newsfilter·2024-08-07 04:15

– Quarterly Revenue of 99.2 million––GrossMarginof40.399.2 million – – Gross Margin of 40.3% – – Net Income of 11.8 million – – Adjusted EBITDA of 27.7million––BacklogandAwardedOrdersIncreased1827.7 million – – Backlog and Awarded Orders Increased 18% Year-Over-Year to 642.3 million – – Provides Third Quarter and Full Year 2024 Outlook – PORTLAND, Tenn., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS), a leading provider of electrical balance of system ("EBOS") solutions for the energy transition market, today announced ...