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Shoals Technologies Group Inc - SHLS STOCK NEWS

Welcome to our dedicated news page for Shoals Technologies Group (Ticker: SHLS), a resource for investors and traders seeking the latest updates and insights on Shoals Technologies Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Shoals Technologies Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Shoals Technologies Group's position in the market.

News
Shoals Technologies Group, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call
Rhea-AI Summary
Shoals Technologies Group, Inc. announced the release date for its first quarter 2024 earnings and conference call. The results will be disclosed on May 7, 2024, followed by a conference call. Interested parties can access the webcast or join the call through provided numbers. A replay will be available for a time post the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
earnings
-
News
Shoals Technologies Group Asserts Its Intellectual Property Rights and Vows to Defend Patent
Rhea-AI Summary
Shoals Technologies Group reaffirms commitment to protect intellectual property rights amidst patent dispute with Voltage, LLC. The company plans to vigorously defend its case at the U.S. International Trade Commission, focusing on the '153 patent. Shoals also announces new patent applications related to its BLA technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.39%
Tags
none
-
News
Shoals Technologies Group Appoints CEO Brandon Moss to Its Board of Directors
Rhea-AI Summary
Shoals Technologies Group, Inc. appoints CEO Brandon Moss to the Board of Directors. The company has seen substantial revenue growth, market share increase, and balance sheet improvement under Moss's leadership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
Tags
management
News
Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2023
Rhea-AI Summary
Shoals Technologies Group, Inc. announced strong financial results for Q4 2023, with revenue up 38% YoY to $130.4 million. The company reported a gross margin of 42.5%, net income of $16.6 million, and adjusted EBITDA of $39.1 million. Backlog and awarded orders increased by 47% YoY to $631.3 million. The company provided guidance for Q1 and FY 2024, anticipating revenue of $90-100 million and $480-520 million, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.63%
Tags
earnings
-
News
Governor Lee, Commissioner McWhorter Announce Shoals Technologies Group to Expand Manufacturing and Distribution Operations in Sumner County
Rhea-AI Summary
Shoals Technologies Group to create 550 new jobs in Portland with an $80 million expansion, enhancing solar power capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.52%
Tags
none
-
News
Shoals Technologies Group, Inc. Announces Fourth Quarter 2023 Earnings Release Date and Conference Call
Rhea-AI Summary
Shoals Technologies Group, Inc. (SHLS) announced the release of its fourth quarter 2023 results, with a conference call scheduled for February 28, 2024. Interested parties can access the webcast or join the call to listen to the discussion. A telephonic replay will also be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.87%
Tags
earnings
News
Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2023
Rhea-AI Summary
SHLS: Shoals Technologies Group Reports Record Quarterly Revenue of $134.2 Million, Raises Outlook for Adjusted EBITDA and Adjusted Net Income
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.04%
Tags
earnings
-
News
Shoals Technologies to Deploy Fuel by Shoals® eMobility Solution for Department of the Air Force
Rhea-AI Summary
Shoals Technologies Group, Inc. will deploy its Fuel by Shoals® eMobility solution for the U.S. Department of the Air Force to support an EV Charging-as-a-Service (EVCaaS) pilot project. The solution aims to provide secure and cost-effective above-ground EV charging infrastructure for the Air Force's fleet of non-tactical vehicles, helping them transition to zero-emissions vehicles in line with their Climate Action Plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.88%
Tags
none
-
News
Shoals Technologies Group, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call
Rhea-AI Summary
Shoals Technologies Group, Inc. to release Q3 2023 results on November 7th, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.88%
Tags
earnings
News
Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2023
Rhea-AI Summary
Shoals Technologies Group, Inc. announces record quarterly revenue of $119.2 million, up 62% YoY. System Solutions revenue grew 80% YoY to $102.1 million, representing 86% of Q2 revenue. Gross margin expanded 350 bps YoY to 42.4%. Signed landmark 10 GW master supply agreement with Blattner Company. Backlog and awarded orders increased 67% YoY to $546.1 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.13%
Tags
earnings
Stock SHLS logo
Shoals Technologies Group Inc

Nasdaq:SHLS

SHLS Rankings

#2144 Ranked by Market Cap
#4085 Ranked by Stock Gains
N/A Ranked by Dividends

SHLS Stock Data

1.56B
169.40M
2.7%
124.42%
14.92%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States
Portland

About SHLS

shoals technologies group is a leading manufacturer of balance of systems solutions. through innovation and diversification shoals has grown exponentially since its founding in 1996. shoals maintains a diverse portfolio of pv balance of systems products, including combiner/re-combiner boxes, master fuse boxes, custom harnessing solutions, junction boxes, pv wire, in-line fuses, racking and pv monitoring solutions. shoals technologies group maintains the highest standards for excellence. it is this standard that has and continues to help shoals establish relationships with many of the top integrators and project developers in the solar industry. with solutions second to none in the marketplace, shoals has had the privilege to be part of some of the largest private and government projects to date around the world throughout the past decade shoals has continued to increase its market share and stands today as a torch bearer in the united states alternative energy industry.