{"schema_version":"secwatch.filing_event.v1","accession":"0001831651-24-000055","form_type":"8-K","ticker":"SHLS","cik":"0001831651","company_name":"Shoals Technologies Group, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.540177+00:00","generated_at":"2026-06-02T19:55:14.947681+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Shoals Q1 revenue $90.8M (-14% YoY); net income $4.8M; backlog up 17% to $615.2M","bullets":["Revenue $90.8M, down 14% YoY; gross margin 40.2% vs 45.9% prior year.","Net income $4.8M vs $17.0M prior year; diluted EPS $0.03 vs $0.10.","Adjusted EBITDA $20.5M vs $38.1M prior year; adjusted diluted EPS $0.07 vs $0.15.","Backlog and awarded orders $615.2M, up 17% YoY; new orders >$75M in Q1.","Q2 2024 outlook: revenue $85-95M, Adj. EBITDA $20-25M; full year revenue $440-490M."],"urls":{"canonical":"https://secwatch.observer/filing/0001831651-24-000055","json":"https://secwatch.observer/filing/0001831651-24-000055.json","markdown":"https://secwatch.observer/filing/0001831651-24-000055.md","text":"https://secwatch.observer/filing/0001831651-24-000055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1831651/000183165124000055/0001831651-24-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1831651/000183165124000055/shls-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:55:14.947681+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ea205b53d4d2a6fb72f6d24b8e64e7540a7181f0","claim":"Shoals Technologies Group, Inc. reported first quarter ended March 31, 2024 results: revenue $90.8 million, net income $4.8 million, EPS $0.03. Guidance initiated.","evidence_excerpt":"Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2024 – Quarterly Revenue of $90.8 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1831651/000183165124000055/0001831651-24-000055-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$90.8 million"},{"label":"Net income","value":"$4.8 million"},{"label":"EPS","value":"$0.03"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}