US82489W1071 - Common Stock
SHOALS TECHNOLOGIES GROUP -A
NASDAQ:SHLS (11/21/2024, 8:00:02 PM)
Premarket: 4.64 +0.24 (+5.45%)4.4
-0.01 (-0.23%)
Shoals Technologies Group, Inc. provides electrical balance of system solutions for solar energy projects. The company is headquartered in Portland, Tennessee and currently employs 1,248 full-time employees. The company went IPO on 2021-01-27. EBOS encompasses all of the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. EBOS components that it produces include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes and battery energy storage systems (BESS) cabinets. The company designs, manufactures, and sells system solutions for the two types of wiring architectures used by the United States solar industry: homerun and combine-as-you-go. Its solar O&M product offering, Snapshot IV, monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer’s claimed/projected performance. The company is also engaged in providing e-mobility solutions.
SHOALS TECHNOLOGIES GROUP -A
1400 Shoals Way
Portland TENNESSEE 37148
P: 16154511400
CEO: Jason Whitaker
Employees: 1248
Website: https://www.shoals.com/
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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.
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Solar energy systems company Shoals (NASDAQ:SHLS) will be reporting earnings tomorrow before market hours. Here’s what you need to know.
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