---
schema_version: "secwatch.filing_event.v1"
accession: "0001831651-24-000122"
form_type: "8-K"
ticker: "SHLS"
cik: "0001831651"
company_name: "Shoals Technologies Group, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:10:59.221942+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Shoals Q3 revenue $102.2M (-24% YoY); raises FY midpoint, adj EBITDA halved

## Summary
- Net loss $0.3M vs $9.8M loss a year ago; adjusted EPS $0.08 vs $0.20.
- Gross profit 24.8% (adj. 37.9%); wire insulation shrinkback expense $13.3M vs $50.2M.
- Backlog & awarded orders $596.6M, down 5.8% YoY and 7.1% sequentially.
- Secured favorable initial ITC ruling against Voltage, LLC; no financial terms disclosed.
- FY2024 guidance raised: revenue $390-$400M, adj. EBITDA $96-$101M; Q4 rev $97-$107M.

## SEC filing metadata
- accession: 0001831651-24-000122
- form_type: 8-K
- ticker: SHLS
- cik: 0001831651
- company_name: Shoals Technologies Group, Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831651/000183165124000122/0001831651-24-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831651/000183165124000122/shls-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831651-24-000122
- JSON: https://secwatch.observer/filing/0001831651-24-000122.json
- Plain text: https://secwatch.observer/filing/0001831651-24-000122.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.