earnings
confidence high
sentiment positive
materiality 0.75
Shoals Technologies Q2 revenue $163.4M, up 47.4% YoY; record backlog $801.4M
Shoals Technologies Group, Inc.
- Revenue $163.4M, up 47.4% YoY from $110.8M.
- Net income $12.1M; Adjusted EBITDA $31.6M.
- Backlog and awarded orders $801.4M, a record.
- Provides Q3 outlook and reaffirms full-year guidance.
- CEO cites strong demand and market share capture.