Shoals Technologies Group, Inc. Stock Price, News & Analysis

Shoals Technologies Group (Nasdaq: SHLS), a leader in electrical balance of system (EBOS) solutions, has appointed Aaron Zadeh as Country Manager, Pacific to oversee operations in Australia, New Zealand, and Pacific islands.

Zadeh brings over 20 years of experience in the solar and energy storage sectors, with previous leadership roles at Array Technologies, FIMER, ABB, and AGL. His achievements include establishing local manufacturing for Array trackers and developing FIMER and ABB's inverter integration center. He holds an engineering degree in Materials Science and Solar Power and an MBA from UNSW.

This strategic appointment aims to strengthen Shoals' presence in the Pacific region's growing renewable energy market.

Shoals Technologies Group (NASDAQ: SHLS) has announced groundbreaking on the Maryvale Solar and Energy Storage Project in New South Wales, Australia, in partnership with PCL Construction and Gentari. The project represents eastern Australia's first large-scale DC-coupled solar and battery energy storage system.

The facility will deliver 243 MW of solar generation capacity combined with 172 MW of battery storage. Shoals will provide its advanced electrical balance of system solutions, including string harnesses, SuperJumpers, and Super Combiners. Construction has begun with commercial operations expected to start in early 2027.

Shoals Technologies Group (NASDAQ: SHLS), a leading electrical balance of system (EBOS) solutions provider, reported strong Q2 2025 financial results. Revenue increased 11.7% year-over-year to $110.8 million, with net income of $13.9 million and EPS of $0.08.

The company achieved a record backlog and awarded orders of $671.3 million, up 4.4% year-over-year, with international markets comprising 13.2%. However, gross margin decreased to 37.2% from 40.3% due to strategic pricing actions and mix factors.

Looking ahead, Shoals raised its full-year 2025 revenue guidance to $450.0-$470.0 million and expects Q3 2025 revenue between $125.0-$135.0 million, citing strong market fundamentals in the energy transition sector.

Shoals Technologies Group (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for the energy transition market, has announced its upcoming investor events schedule for August and September 2025.

The company's leadership team, including CEO Brandon Moss, CFO Dominic Bardos, and VP of Finance & IR Matt Tractenberg, will participate in multiple investor conferences and events, including virtual fireside chats with Barclays and Citi, the RE+ Conference in Las Vegas, and a European non-deal roadshow hosted by UBS.

Shoals Technologies Group (Nasdaq: SHLS), a leader in electrical balance of system solutions, has announced a significant contract with CJR Renewables for the 110 MW Alcones solar project in Chile. This marks Shoals' first Big Lead Assembly (BLA) implementation in Chile and its strategic entry into the South American market.

The project, located in Marchigüe, will utilize Shoals' innovative BLA system, designed to improve installation efficiency and energy yield while reducing labor requirements. Once operational, the facility will power over 86,000 households and prevent 62,000 tons of annual CO₂ emissions.

Shoals Technologies Group (Nasdaq: SHLS) has scheduled its second quarter 2025 earnings release and conference call. The company will announce its Q2 2025 financial results before market open on Tuesday, August 5, 2025.

A conference call will follow at 8:00 a.m. Eastern Time on the same day. Investors can access the live webcast through the company's Investor Relations website at investors.shoals.com, where an archived replay will also be available after the event.

Shoals Technologies Group (Nasdaq: SHLS), a leader in electrical balance of systems solutions for energy transition, has released an educational webinar focused on Battery Energy Storage Systems (BESS). The webinar features presentations from key executives including Mike Everson (BESS Account Executive), Matt Tractenberg (VP of Finance & IR), and Lindsey Williams (VP of Marketing & Communications).

The webinar aims to provide insights into the BESS market landscape, Shoals' solutions, market strategies, and competitive positioning. The company has made the recorded webinar and presentation materials available through their investor relations website.

Shoals Technologies Group (SHLS), a leading electrical balance of system solutions provider for the global energy transition market, has appointed Bobbie L. King, Jr. as Chief Legal Officer and Corporate Secretary. King brings over 15 years of legal and leadership experience in the clean infrastructure industry, previously serving as Senior VP & Deputy Chief Legal Officer at HA Sustainable Infrastructure Capital (HASI). His prior roles include senior legal positions at NextEra Energy and Charles River Laboratories, as well as working as a capital markets attorney at Skadden. King holds degrees from Princeton University and the University of Virginia School of Law.

Shoals Technologies Group (NASDAQ: SHLS) reported Q1 2025 financial results with revenue of $80.4 million, down 11.5% year-over-year. The company posted a net loss of $(0.3) million and Adjusted EBITDA of $12.8 million. Gross margin declined to 35.0% from 40.2% in the prior year. Despite revenue challenges, the company's backlog and awarded orders grew 5% year-over-year to $645.1 million, with approximately $500 million scheduled for the next four quarters. For full-year 2025, Shoals expects revenue between $410-450 million and Adjusted EBITDA of $100-115 million. The company is seeing success in market diversification, particularly in international markets, which now comprise 13.4% of backlog.