Shoals Q2 revenue $119.2M (+62% YoY), appoints Brandon Moss CEO

Shoals Technologies Group, Inc.

2023-Q2 EPS reported $0.21 revenue$224,294,000

Record revenue $119.2M, up 62% YoY; System Solutions revenue $102.1M (+80%).
Gross margin 42.4% (350 bps expansion); net income $18.9M (+159%).
Signed 10 GW master supply agreement with Blattner Company.
Backlog and awarded orders $546.1M (+67% YoY).
Announced Brandon Moss as new CEO; maintains FY2023 revenue guidance $480-510M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Shoals Technologies Group, Inc. updated its three months ended June 30, 2023 guidance (reaffirmed).

Period: three months ended June 30, 2023
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On August 1, 2023 , Shoals Technologies Group, Inc. (the “Company”) issued a press release announcing its financial results for the three months ended June 30, 2023.

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Shoals Technologies Group, Inc. filing history →

Source: SEC EDGAR

accession 0001831651-23-000074

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