Welcome to our dedicated page for Shoals Technologies Group news (Ticker: SHLS), a resource for investors and traders seeking the latest updates and insights on Shoals Technologies Group stock.
Shoals Technologies Group, Inc. (SHLS) delivers essential electrical balance of systems (EBOS) solutions for solar energy sector, combining innovative engineering with rigorous quality standards. This news hub provides investors and industry professionals with comprehensive updates on corporate developments, financial milestones, and technological advancements.
Access authoritative reporting on earnings announcements, product launches, and strategic partnerships that shape SHLS's position in renewable energy markets. Our curated collection features official press releases alongside verified third-party analysis, offering balanced perspectives on operational expansions and patent-protected innovations like the Big Lead Assembly system.
Stay informed about regulatory developments, manufacturing updates, and leadership changes impacting solar EBOS solutions. Content is organized for efficient navigation across financial performance data, project deployments, and industry recognition awards. Regular updates ensure timely awareness of factors influencing SHLS's role in large-scale solar installations and energy transition initiatives.
Bookmark this page for streamlined tracking of Shoals Technologies' progress in enhancing solar system safety, efficiency through its specialized components. Verify information accuracy through direct links to SEC filings and primary source documentation where available.
Shoals Technologies Group (Nasdaq: SHLS), a global leader in electrical balance of systems (EBOS) solutions, has announced its upcoming investor events schedule from May to June 2025. The company's leadership team will participate in multiple high-profile investor conferences and meetings including:
- Virtual fireside chats with Mizuho and Goldman Sachs
- Conferences hosted by UBS, Bank of America, RBC, and J.P. Morgan in New York
- Non-deal roadshow with Guggenheim in Los Angeles and San Francisco
- Annual Roth Conference in London
Key executives participating include CEO Brandon Moss, CFO Dominic Bardos, President Jeff Tolnar, and VP of Finance & IR Matt Tractenberg. Interested investors are advised to contact their respective institutional sales representatives to participate.
Shoals Technologies Group (Nasdaq: SHLS) has scheduled its first quarter 2025 earnings release and conference call. The company will announce Q1 2025 results before market open on Tuesday, May 6, 2025, followed by a conference call at 8:00 a.m. Eastern Time. Investors can access the live webcast through the company's Investor Relations website, with an archived replay available after the event.
Shoals Technologies Group (SHLS) has announced the continuation of its partnership with First Solar (FSLR) to strengthen domestic solar manufacturing in Alabama. The collaboration focuses on supporting First Solar's expanding U.S. manufacturing footprint, including their new $1.1 billion Alabama facility that created over 800 direct manufacturing jobs.
Shoals will supply custom junction boxes manufactured in Alabama to support First Solar's additional 3.5 GW solar manufacturing facility. This partnership extends to First Solar's three operating facilities in Ohio and their planned $1.1 billion facility in Louisiana, solidifying First Solar's position as the largest solar manufacturer in the Western Hemisphere.
The partnership reinforces both companies' commitment to reshoring America's solar supply chain and creating domestic manufacturing jobs. Representatives Robert Aderholt and Dale Strong have expressed support for this initiative, highlighting its importance for Alabama's economic growth and the nation's energy technology sector.
Shoals Technologies Group (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions, has announced its participation in seven major investor events throughout March 2025.
The schedule includes:
- March 4: Jefferies Power Conference in New York
- March 5: Citi Virtual Fireside Chat
- March 11: Cantor Fitzgerald Global Technology Conference in New York
- March 12: Oppenheimer Virtual Fireside Chat
- March 17: 37th Annual Roth Conference in California
- March 18: Piper Sandler Energy Conference in Las Vegas
- March 20: Janney Montgomery Virtual Fireside Chat
Key executives including CEO Brandon Moss, CFO Dominic Bardos, and VP of Finance Matt Tractenberg will participate in various investor meetings and fireside chats with industry analysts.
Shoals Technologies Group reported Q4 2024 financial results. Revenue was $107.0 million, down 18% from the prior year's $130.4 million. The adjusted gross profit percentage decreased to 37.6% from 42.5%, and net income fell to $7.8 million from $16.6 million. Adjusted EBITDA decreased to $26.4 million from $39.1 million. The company ended the quarter with a backlog and awarded orders of $634.7 million.
For the full year 2024, revenue decreased 18% to $399.2 million. Gross profit was $142.0 million, down from $168.3 million, and net income was $24.1 million, down from $42.7 million. Adjusted EBITDA was $99.1 million, compared to $173.4 million in the prior year. The backlog and awarded orders were flat year-over-year but up 6.5% from Q3 2024.
The company provided a cautious 2025 outlook due to market uncertainties. For Q1 2025, revenue is expected between $70 million and $80 million, and adjusted EBITDA between $10 million and $15 million. For the full year 2025, revenue is projected between $410 million and $450 million, with adjusted EBITDA between $100 million and $115 million, and cash flow from operations between $30 million and $45 million.
Shoals Technologies Group (SHLS) has filed a Petition for Review and Notice of Appeal to the United States Court of Appeals for the Federal Circuit, challenging the International Trade Commission's (ITC) recent decision to reverse a prior ruling regarding Voltage's LYNX trunk bus products infringing Shoals' '153 Patent.
The appeal requests a 'de novo' review of the ITC's interpretation, which could result in either finding infringement or remanding the case to apply the Administrative Law Judge's original interpretation. Additionally, the ITC has instituted a new investigation into Voltage's alleged infringement of Shoals' newly issued '375 and '376 patents, which protect improved trunk bus lead assembly designs for solar energy projects.
Shoals Technologies Group (Nasdaq: SHLS) has announced it will release its fourth quarter and full year 2024 financial results before market open on Tuesday, February 25, 2025. The company will host a conference call at 8:00 a.m. Eastern Time on the same day to discuss the results. Investors can access a live webcast of the call through the Investor Relations section of Shoals' website, with an archived replay available after the event.
Shoals Technologies Group (SHLS) has filed a new patent infringement complaint with the U.S. International Trade Commission (ITC) against Voltage, and a related foreign entity. The complaint involves two new patents ('375 and '376) covering Shoals' Big Lead Assembly (BLA) solutions for solar panel arrays.
This follows a previous '153 Patent infringement complaint filed in 2023. The new patents are designed to protect against alternative designs that Voltage may create to bypass the original '153 Patent. The complaint aims to prevent illegal importation of trunk bus lead assembly that infringes on Shoals' intellectual property.
Shoals expects a final determination on the pending '153 Patent infringement complaint from the ITC on January 15th, following a positive initial determination by the Commission.
Shoals Technologies Group (SHLS) reported Q3 2024 financial results with revenue of $102.2 million, down 24% year-over-year. The company posted a net loss of $0.3 million and Adjusted EBITDA of $24.5 million. Despite project delays affecting revenue, quoting volume increased nearly 50% from the prior year. The company's backlog and awarded orders stood at $596.6 million, with international markets comprising over 13%. Shoals raised its full-year 2024 revenue outlook to $390-400 million, with expected Adjusted EBITDA of $96-101 million.
Shoals Technologies Group, a leader in electrical balance of system (EBOS) solutions, has announced its participation in multiple upcoming investor events from November 2024 through January 2025. The schedule includes virtual fireside chats with Jefferies (Nov 14) and Truist Securities (Nov 22), followed by in-person conferences with UBS (Dec 3), Morgan Stanley (Dec 5), Bank of America (Dec 6), Mizuho (Dec 10), and Goldman Sachs (Jan 7, 2025). Senior management, including CEO Brandon Moss, CFO Dominic Bardos, and VP of IR Matt Tractenberg, will participate in various formats including fireside chats, panels, and investor meetings.
