US82489W1071 - Common Stock
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at renewable energy stocks, starting with Sunrun (NASDAQ:RUN).
Let’s dig into the relative performance of SolarEdge (NASDAQ:SEDG) and its peers as we unravel the now-completed Q3 renewable energy earnings season.
Solar energy systems company Shoals (NASDAQ:SHLS) reported Q3 CY2024 results topping the market’s revenue expectations, but sales fell 23.9% year on year to $102.2 million. On top of that, next quarter’s revenue guidance ($102 million at the midpoint) was surprisingly good and 9% above what analysts were expecting. Its non-GAAP profit of $0.08 per share was 17.1% below analysts’ consensus estimates.
– Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC – – Quarterly Revenue of $102.2 million – – Gross Profit Percentage of 24.8% and...
Solar energy systems company Shoals (NASDAQ:SHLS) will be reporting earnings tomorrow before market hours. Here’s what you need to know.
PORTLAND, Tenn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a global leader in electrical balance of system (“EBOS”)...
PORTLAND, Tenn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will...
Appointments Expand Executive Team to Drive Operational Excellence
Appointments Expand Executive Team to Drive Operational Excellence...
Introduced Long-Term Financial Targets
Introduced Long-Term Financial Targets...
Memorandum of Understanding with United Utilities Environmental Services (UUES) Riyadh intended to localize solar EBOS manufacturing
Ruling Represents Big Win for U.S. Solar Manufacturing Industry and American Jobs
Ruling Represents Big Win for U.S. Solar Manufacturing Industry and American Jobs...
PORTLAND, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of systems...
– Quarterly Revenue of $99.2 million – – Gross Margin of 40.3% – – Net Income of $11.8 million – – Adjusted EBITDA of $27.7 million – – Backlog...
Consider buying these three renewable energy stocks because they are at their 52-week low and still present positive upside potential.
PORTLAND, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will...