Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC Quarterly Revenue of $102.2 million Gross Profit Percentage of 24.8% and Adjusted Gross Profit Percentage of 37.9% Net Loss of $0.3 million Adjusted EBITDA of $24.5 million Raises Midpoint of Full-Year Revenue Outlook PORTLAND, Tenn., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading... Read More

PORTLAND, Tenn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, announced today its participation in the following upcoming investor events: November 14, 2024: Jefferies Virtual Fireside Chat Shoals’ CEO Brandon Moss, CFO Dominic Bardos, and VP of Finance and Investor Relations Matt Tractenberg... Read More

PORTLAND, Tenn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its third quarter 2024 results before market open on Tuesday, November 12, 2024, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day. Interested investors and other parties can access the live webcast through the Investor Relations section... Read More

PORTLAND, Tenn., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, announced today that it has further strengthened its executive team with two new additions to drive operational excellence. Kirsten Moen, newly appointed Chief Operations Officer, is an accomplished operations and manufacturing... Read More

PORTLAND, Tenn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“the Company”) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announces financial highlights of its investor day, which was held today in Nashville, TN. Shoals’ executive leadership team highlighted a proven track record of financial results, significant cash flow... Read More

Highlights Balanced and Profitable Growth Strategy to Drive Long-Term Shareholder Value Introduces Long-Term Financial Targets PORTLAND, Tenn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“the Company”) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, will host its inaugural Investor Day in Nashville, TN today, September 5, 2024,... Read More

PORTLAND, Tenn., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group , Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, announced today that it has executed a non-binding memorandum of understanding (MoU) with UUES to work together in developing localized solar solutions for KSA and the region. As part of the MoU, Shoals and UUES... Read More

PORTLAND, Tenn., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, announced today that it received a favorable legal ruling from the U.S. International Trade Commission (“ITC”) in its patent infringement complaint against Voltage, LLC and related foreign entity (“Voltage”). On... Read More

PORTLAND, Tenn., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, today announced the publication of its 2023 Environmental, Social, and Governance (“ESG”) report. The ESG report highlights Shoals’ notable progress and achievements in advancing environmental, social, and governance priorities in... Read More

PORTLAND, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of systems (EBOS) solutions for the energy transition market, today announced that its Board of Directors has appointed Niharika Taskar Ramdev to the Board, effective August 9, 2024. The Board also appointed Ms. Ramdev to be a member of the Audit Committee of the Board. Ms. Ramdev replaces... Read More

Quarterly Revenue of $99.2 million Gross Margin of 40.3% Net Income of $11.8 million Adjusted EBITDA of $27.7 million Backlog and Awarded Orders Increased 18% Year-Over-Year to $642.3 million Provides Third Quarter and Full Year 2024 Outlook PORTLAND, Tenn., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”)... Read More

PORTLAND, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2024 results after market close on Tuesday, August 6, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto... Read More

PORTLAND, Tenn., June 17, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, today announced its launch of a comprehensive range of system-solutions focused on international developers and engineering, procurement and construction (EPC) contractors. The new product launch will take place at Intersolar... Read More

PORTLAND, Tenn., June 13, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for the energy transition market, today announced that it will host its inaugural Investor Day in Nashville, Tennessee on Thursday, September 5, 2024, beginning at 8:30 a.m. CT. Brandon Moss, Chief Executive Officer and Dominic Bardos, Chief Financial... Read More

PORTLAND, Tenn., June 11, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system solutions for the energy transition market, today announced that its Board of Directors has authorized the repurchase of up to $150 million of the Company’s Class A common stock. The authorization is effective through December 31, 2025 and allows for... Read More

PORTLAND, Tenn., May 31, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced its participation in the following upcoming investor events: June 4, 2024: Mizuho Virtual Fireside Chat Shoals’ CEO Brandon Moss and VP of Finance and Investor Relations... Read More

PORTLAND, Tenn., May 09, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc., a leading provider of electrical balance of systems (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced the appointment of Gary Uren as Senior Vice President and General Manager (SVPGM) over International Business and Matt Tractenberg as Vice President of Finance and Investor Relations.... Read More

PORTLAND, Tenn., May 07, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced results for its first quarter ended March 31, 2024. “Despite additional project delays in the period, the team’s continued strong execution... Read More

PORTLAND, Tenn., April 23, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its first quarter 2024 results after market close on Tuesday, May 7, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the... Read More

SAN DIEGO , March 26, 2024 /PRNewswire/ -- DiCello Levitt LLP announces that if you purchased or acquired Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ: SHLS) common stock between May 17, 2022 and November 7, 2023 , inclusive (the "Class Period"), you have until May 21, 2024 to seek appointment as lead plaintiff of the Shoals class action lawsuit. The Shoals lawsuit charges the Company and certain of... Read More

PORTLAND, Tenn., March 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. , a leading provider of electrical balance of systems (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, reaffirmed its commitment to protecting its intellectual property rights and announced it will continue to vigorously defend its patent complaint with the U.S. International Trade Commission... Read More

PORTLAND, Tenn., March 07, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced the Board of Directors appointed the Company’s Chief Executive Officer, Brandon Moss, to the Board. “Since joining Shoals as our Chief... Read More

Quarterly Revenue of $130.4 million, up 38% Year-Over-Year Gross Margin of 42.5% Net Income of $16.6 million Adjusted EBITDA of $39.1 million Backlog and Awarded Orders Increased 47% Year-Over-Year to $631.3 million Provides First Quarter and Full Year 2024 Outlook PORTLAND, Tenn., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical... Read More

Leading EBOS provider for solar, energy storage and eMobility to create approximately 550 new jobs in Portland with multi-million dollar expansion NASHVILLE, Tenn., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Shoals... Read More

PORTLAND, Tenn., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its fourth quarter 2023 results after market close on Wednesday, February 28, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging... Read More

Record Quarterly Revenue of $134.2 million, up 48% Year-Over-Year Gross Margin of 10.5% Significantly Impacted by $50.2 million Wire Insulation Shrinkback Expenses Net Loss of $(9.8) million Adjusted EBITDA of $48.0 million, up 81% Year-Over-Year Backlog and Awarded Orders Increased 34% Year-Over-Year to $633.3 million Shoals Technologies Group, LLC Filed Lawsuit Against Wire Supplier, Prysmian Cables and Systems USA, LLC,... Read More

PORTLAND, Tenn., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced that the Company will deploy its Fuel by Shoals ® eMobility solution for the U.S. Department of the Air Force. The Fuel by Shoals deployment... Read More

PORTLAND, Tenn., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its third quarter 2023 results after market close on Tuesday, November 7, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto... Read More

Record Quarterly Revenue of $119.2 million, up 62% Year-Over-Year System Solutions Revenue Grew 80% Year-Over-Year to $102.1 million, Representing 86% of Second Quarter Revenue Gross Margin Expanded 350 bps Year-Over-Year to 42.4% Signed Landmark 10 Gigawatt Master Supply Agreement with Blattner Company Backlog and Awarded Orders Increased 67% Year-Over-Year to $546.1 million PORTLAND, Tenn., Aug. 01, 2023 (GLOBE NEWSWIRE)... Read More

PORTLAND, Tenn., July 31, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced its patent pending Snapshot I-V solar PV health monitoring solutions. Shoals’ Snapshot I-V is an ecosystem of products that integrate... Read More

PORTLAND, Tenn., July 28, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, announced today the publication of its 2022 Environmental, Social, and Governance (ESG) Report. “We are excited to be sharing our second annual ESG Report,”... Read More

PORTLAND, Tenn., July 27, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, announced today that its patent infringement complaint with the U.S. International Trade Commission (ITC) against Voltage, LLC, based in Chapel Hill, North... Read More

PORTLAND, Tenn., July 12, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2023 results after market close on Tuesday, August 1, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto... Read More

PORTLAND, Tenn., June 20, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, announced today that the U.S. International Trade Commission (ITC) has instituted an investigation into allegations of patent infringement against Hikam... Read More

PORTLAND, Tenn., June 14, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced the appointment of Brandon Moss as Chief Executive Officer, effective July 17 th . Mr. Moss will succeed interim CEO and President Jeff... Read More

PORTLAND, Tenn., June 12, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or “the Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced the signing of a Master Supply Agreement with Blattner Company, to deliver 10 GW of its award-winning Big Lead Assembly (“BLA”) and systems... Read More

Revenue of $105.1 million, up 55% Compared to the Prior Year Period and a Quarterly Record System Solutions Revenue of $91.3 million, Nearly Double the Prior Year Period and Representing 87% of First Quarter Revenue Gross Margin of 45.9%, Expanding 720 bps Over the Prior Year Period Backlog and Awarded Orders of $527.5 million, up 75% Compared to the Prior Year Period Raising 2023 Outlook PORTLAND, Tenn., May 08, 2023 (GLOBE... Read More

PORTLAND, Tenn., May 04, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, announced today that it has filed a patent infringement complaint with the U.S. International Trade Commission (ITC) against Hikam America, Inc., based in Chula... Read More

PORTLAND, Tenn., April 27, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “Company”) and Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) (“Brookfield”) today announced a strategic partnership to introduce an innovative Charging-as-a-Service (“CaaS”) solution for electric vehicle (“EV”) charging infrastructure. This new product offering eliminates large up-front payments and enables... Read More

PORTLAND, Tenn., April 24, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its first quarter 2023 results after market close on Monday, May 8, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the... Read More

PORTLAND, Tenn., April 18, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or “the Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced it has been awarded a 120 MW contract to supply its BLA+ solution to a utility-scale solar project in Western Australia. The BLA+ solution,... Read More

PORTLAND, Tenn., March 07, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “Company”) today announced the pricing of the previously announced underwritten public offering of an aggregate of 24,501,650 shares of the Company’s Class A common stock by certain selling stockholders affiliated with Dean Solon (collectively, the “Selling Stockholders”), at a price to the public of $24.70 per share. The... Read More

PORTLAND, Tenn., March 07, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “ Company ”) today announced the launch of an underwritten public offering of an aggregate of 24,501,650 shares of the Company’s Class A common stock by Solon Holdco I, LLC and Solon Holdco II, LLC, affiliates of Dean Solon (collectively, the “ Selling Stockholders ”). Additionally, the Selling Stockholders intend to grant... Read More

Revenue Nearly Doubled Year-Over-Year to $94.7 million System Solutions Revenue Increased 150% Year-Over-Year Gross Margin Expanded More Than 950 bps Year-Over-Year Backlog and Awarded Orders Up 43% Year-Over-Year to $428.6 million –Provides 2023 Outlook for Continued Strong Growth PORTLAND, Tenn., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider... Read More

Mr. Tolnar, President, to Serve in Interim Role Until New Chief Executive Officer is Appointed PORTLAND, Tenn., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced the appointment of Jeffery Tolnar, President,... Read More

PORTLAND, Tenn., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company” or “Shoals”) (Nasdaq: SHLS) today announced that the Company will release its fourth quarter 2022 results after market close on Tuesday, February 28, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by... Read More

PORTLAND, Tenn., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced the publication of its 2021 Environmental, Social, and Governance (ESG) Report. The report, which captures data and findings predominantly... Read More

Promotions Demonstrate Depth of Leadership Experience Appointments Strengthen Executive Team PORTLAND, Tenn., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced the appointments of Jeff Tolnar, Ben Macias and... Read More

PORTLAND, Tenn., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “ Company ”) today announced the pricing of its upsized underwritten public offering of an aggregate of 26,000,000 shares of the Company’s Class A common stock, at a price to the public of $22.25 per share. The Company is offering 2,000,000 shares of its Class A common stock, and certain selling stockholders (collectively,... Read More

PORTLAND, Tenn., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “ Company ”) today announced the launch of an underwritten public offering of an aggregate of 20,000,000 shares of the Company’s Class A common stock. The Company is offering 2,000,000 shares of its Class A common stock, and certain selling stockholders (collectively, the “ Selling Stockholders ”), comprising Dean Solon and... Read More

PORTLAND, Tenn., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage and electric vehicle charging infrastructure, today announced that its Chief Executive Officer, Jason Whitaker, has informed the Board of Directors that he intends to step down from his role as Chief... Read More

Reports Record Quarterly Revenue, Gross Profit, Adjusted EBITDA and Adjusted Net Income Revenue Grew 52% Year-Over-Year to $90.8 million in the Third Quarter System Solutions Revenue Grew 80% Year-Over-Year to $69.5 million, Representing 77% of Revenue in the Third Quarter Third Quarter Gross Margin Expanded More Than 330 bps Year Over Year to 39.7% Backlog and Awarded Orders Up 74% Year-Over-Year to a Record $471.2 million... Read More

Shoals Technologies Group, Inc. (“Shoals” or “the Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced it has been awarded a 1 GWdc contract to supply its BLA and storage solutions on a project that will be one of the largest solar plus storage projects in the U.S. when complete. “We’re proud to... Read More

Shoals Technologies Group, Inc. (the “Company” or “Shoals”) (Nasdaq: SHLS) today announced that the Company will release its third quarter 2022 results after market close on Monday, November 14, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the... Read More

Shoals Technologies Group, Inc. (“Shoals” or “the Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced that it has completed certification of its first set of of above ground eMobility charging... Read More

Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, and Nextracker LLC, the global market leader in utility-scale solar trackers, today unveiled a new North-South Big Lead Assembly (BLA) trunk bus product. Shoals’ latest innovation will be on display at the RE+... Read More

Revenue Grew 23% Year-Over-Year to Record $73.5 million in the Second Quarter Record Gross Profit of $28.6 million Backlog and Awarded Orders Up 63% Year-Over-Year to a Record $327.2 million System Solutions Represented 77% of Revenue in the Second Quarter Reaffirms 2022 Outlook Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions... Read More

Appoints Dominic Bardos to Chief Financial Officer Shoals Technologies Group, Inc . (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced that Mr. Dominic Bardos has been appointed as Chief Financial Officer, effective October 3, 2022. Mr. Bardos is a seasoned public company... Read More

Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced that Mr. Peter Jonna has resigned from the Board, effective today and Ms. Jeannette Mills and Mr. Robert Julian have been appointed to its Board of Directors (the “Board”), reflecting the Board’s... Read More

Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced it has entered into an agreement with Consultoria e Inversiones Hondureñas en Energia S.A. (“CIHESA”) to supply its BLA system solution for the 53.4 MWdc San José solar project, located in Olanchito, Honduras.... Read More

Shoals Technologies Group, Inc. (the “Company” or “Shoals”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2022 results after market close on Monday, August 15, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the... Read More

Shoals Technologies Group, Inc. (“Shoals” or “the Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today issued the following statement from Jason Whitaker, President & Chief Executive Officer, applauding President Biden’s Executive Action to spur U.S. solar manufacturing and decision to declare a 24-month... Read More

First Quarter Revenue Increased 49% Year-Over-Year to Record $68.0 million System Solutions Revenue Grew 40% Year-Over-Year Gross Margin Expanded More Than 550 bps Sequentially to 38.7% Backlog and Awarded Orders Up 67% Year-Over-Year to a Record $302.3 million Reaffirms Low End of Revenue Outlook Despite Industry Challenges Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of... Read More

Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage and electric vehicle charging infrastructure, today announced that it has increased the size of its existing revolving credit facility by $50 million to $150 million pursuant to a fifth amendment to its Credit Agreement with Wilmington Trust, National... Read More

Appoints Interim Chief Financial Officer First Quarter Earnings Call to be Held May 16, 2022 Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage and electric vehicle charging infrastructure, today announced that it has appointed Kevin Hubbard the interim Chief Financial Officer. Mr. Hubbard has served as a... Read More

PORTLAND, Tenn., March 10, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or “the Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced that it has opened a new manufacturing facility in Portland, TN, positioning the company to capitalize on the significant growth opportunities... Read More

Record Revenue and Gross Profit for Full Year 2021 – System Solutions Revenue Increased 29% Year-Over-Year in the Fourth Quarter – Gross Margin of 38.8% for the Full Year 2021 – Backlog and Awarded Orders Nearly Doubled Year-Over-Year to a Record $299.0 million – Revenue Growth Expected to Accelerate in 2022 – Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance... Read More

PORTLAND, Tenn., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its fourth quarter 2021 results after market close on Thursday, March 10, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto... Read More

Shoals Technologies Group, Inc. (“Shoals” or “the Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today unveiled its eMobility Innovation Center at the company's headquarters in Portland, TN. The 'living lab' displays Shoals' best in class EV charging and eMobility solutions. It enables customers to discover... Read More

Luminace, the North American decarbonization-as-a-service business of Brookfield Renewable and the largest fully integrated provider of distributed energy solutions to commercial, industrial and public sector customers in the U.S. and Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle (“EV”) charging... Read More

Shoals Technologies Group, Inc. (“Shoals” or “the Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle charging infrastructure, today announced that it has been selected by SKYCHARGER as part of their EV charging infrastructure offering. SKYCHARGER placed a purchase order for Fuel by Shoals eMobility solutions to cover the 2022 pipeline, with... Read More

Revenue Increased 14% Year-Over-Year to a Record $59.8 million System Solutions Revenue Increased 5% Year-Over-Year to $38.6 million Gross Margin of 36.4% Reflecting Higher Mix of Components sales and Acquisition Impacts Backlog and Awarded Orders Up 101% Year-Over-Year to a Record $270.7 million Acquires ConnectPV, a Leading Provider of EBOS Products for Battery Storage Provides Fourth Quarter and First Quarter 2022 Outlook... Read More

Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its third quarter 2021 results after market close on Tuesday, November 9, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's... Read More

Shoals Technologies Group, Inc. (Shoals or the Company) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle charging infrastructure, will collaborate with Ernst & Young LLP (EY US) for Shoals’ electric vehicle (EV) charging systems solutions. Shoals launched four EV charging product offerings, which are expected to reduce installation costs by 20%–30%... Read More

Reports Record Second Quarter Revenue Increased 38% Year-Over-Year to $59.7 million System Solutions Revenue Increased 62% to $51.2 million Second Quarter Gross Profit Margin Expands More Than 500 bps Year-Over-Year Backlog and Awarded Orders at June 30, 2021 Up 63% Versus Last Year Reaffirms 2021 Outlook Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of... Read More

Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2021 results after market close on Tuesday, August 10, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's... Read More

Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle charging infrastructure, today announced the resignation of Jason Lee and Frank Cannova, Vice President at Oaktree Capital, from the Company’s Board of Directors. The Board of Directors would like to thank Mr. Lee and Mr. Cannova for their... Read More

Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “ Company ”) today announced the pricing of an underwritten public offering of an aggregate of 13,384,155 shares of the Company’s Class A common stock, at a price to the public of $28.00 per share. The Company is offering 8,394,463 shares of its Class A common stock, the net proceeds of which will be used to purchase equity interests in its operating subsidiary from certain... Read More

Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “ Company ”) today announced the launch of an underwritten public offering of an aggregate of 13,384,155 shares of the Company’s Class A common stock. The Company is offering 8,394,463 shares of its Class A common stock and certain selling stockholders, including an entity controlled by Oaktree Capital Management, L.P. (“ Oaktree ”) and Mehgan Peetz, the Company’s General... Read More

Reports Record First Quarter Revenue of $45.6 million System Solutions Revenue Increased 46% to $33.4 million First Quarter Gross Margin Expands 635 bps Year-Over-Year Backlog and Awarded Orders at March 31, 2021 up 42% Versus Last Year Reaffirms 2021 Outlook Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery... Read More

Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its first quarter 2021 results after market close on Monday, May 3, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website... Read More

Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle charging infrastructure, today announced the addition of four strategic senior hires to drive the Company’s U.S. and international growth in the solar, energy storage and electric vehicle markets. Jeff Tolnar joins Shoals as SVP of Electric... Read More

Reports Record Revenue and Earnings for 2020 Fourth Quarter Gross Margin Expands More Than 530 bps Year-Over-Year Backlog at December 31, 2020 up 46% Versus Last Year Provides 2021 Outlook for Continued Strong Growth Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage and electric vehicle charging... Read More

Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, and electric vehicle charging infrastructure, today announced that Ms. Lori Sundberg, Mr. Toni Volpe and Mr. Ty Daul will be joining its Board of Directors. “I am thrilled to welcome these highly successful and talented executives to our Board of Directors,” said Brad... Read More

Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the company will release its fourth quarter and full-year 2020 results after the market close on Monday, March 15th, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of... Read More