| Shoals Technologies Group, Inc. (SHLS) Q1 2025 Earnings Call Transcript |
Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Matt Tractenberg - VP, Finance & IR Brandon Moss - CEO Dominic Bardos - CFO Conference Call Participants Michael Fairbanks - JPMorgan Brian Lee - Goldman Sachs Colin Rusch - Oppenheimer Philip Shen - ROTH Capital Partners Maheep Mandloi - Mizuho Mo Chen - Truist Securities Praneeth Satish - Wells Fargo Derek Soderberg - Cantor Fitzgerald Kashy Harrison - Piper Sandler Operator Good morning, and welcome to the Shoals Technologies Group First Quarter 2025 Earnings Conference Call. Today's call is being recorded and we have allocated 1 hour for prepared remarks and Q&A. |
seekingalpha.com |
2025-05-06 14:36:41 |
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| Shoals Technologies Group (SHLS) Lags Q1 Earnings Estimates |
Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.07 per share a year ago. |
zacks.com |
2025-05-06 13:25:58 |
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| Surf Air Mobility ($SRFM) | Shoals Technologies ($SHLS) | ARRAY ($ARRY) | Canadian Solar ($CSIQ) |
Welcome to the Green Stock News brief for Tuesday May 6th. Here are today's top headlines: Surf Air Mobility (NYSE: SRFM) announced that its subsidiary, Mokulele Airlines, has entered an interline agreement with Japan Airlines, enabling streamlined booking for travelers connecting through Honolulu to multiple Hawaiian destinations. |
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2025-05-06 13:12:56 |
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| Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2025 |
– Quarterly Revenue of $80.4 million – – Gross Margin of 35.0% – – Net Loss of $(0.3) million – – Adjusted EBITDA1 of $12.8 million – – Backlog and Awarded Orders Increased 5% Year-Over-Year to $645.1 million – – Provides Second Quarter and Full Year 2025 Outlook – PORTLAND, Tenn., May 06, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions and components, including battery energy storage solutions (“BESS”) and Original Equipment Manufacturer (“OEM”) components for the global energy transition market, today announced results for its first quarter ended March 31, 2025. |
globenewswire.com |
2025-05-06 11:00:00 |
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| Shoals Technologies Group, UGT Renewables and Sun Africa Announce Collaboration on up to 12GW of Solar Projects |
PORTLAND, Tenn., May 05, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the execution of a Memorandum of Understanding (MOU) with UGT Renewables to collaborate on up to 12 gigawatts (GW) of global solar projects currently in UGT Renewables' development pipeline. |
globenewswire.com |
2025-05-05 20:10:00 |
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| Shoals Technologies Group (SHLS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release |
Shoals Technologies (SHLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-29 15:05:51 |
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| The Bottom Fishing Club - Shoals Technologies: American Made Solar Play |
Solar-related stocks with comprehensive U.S. production have rebounded in April, after being oversold on Trump election fears. Shoals Technologies manufactures patented/proprietary parts for wiring solar panels, setting up energy-efficient battery storage, and connecting to the utility grid, with expanding production in Alabama/Tennessee. Analysts are forecasting an upturn in business for SHLS during 2025-26, with a nearly 12% free cash flow yield available upfront for new investors. |
seekingalpha.com |
2025-04-28 10:37:15 |
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| Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now |
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP. |
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2025-04-23 13:56:00 |
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| Shoals Technologies Group, Inc. Announces Participation in Upcoming Events for the Investor Community |
PORTLAND, Tenn., April 23, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a global leader in electrical balance of systems (“EBOS”) solutions for the energy transition market, announced today its participation in the following upcoming investor events: May 8, 2025: Mizuho Virtual Fireside Chat Shoals' CEO, Brandon Moss, will participate in a fireside chat with covering analyst Maheep Mandloi. |
globenewswire.com |
2025-04-23 11:00:00 |
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| Shoals Technologies Group, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call |
PORTLAND, Tenn., April 07, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its first quarter 2025 results before market open on Tuesday, May 6, 2025, to be followed by a conference call at 8:00 a.m. |
globenewswire.com |
2025-04-07 11:00:00 |
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| Shoals Technologies Long-Term Shareholder Announcement: Johnson Fistel Encourages Investors to Reach Out For More Information |
SAN DIEGO, March 28, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (NASDAQ: SHLS) against certain of its officers and directors to hold them responsible for damages they allegedly caused the company to suffer. |
globenewswire.com |
2025-03-28 10:37:00 |
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| Shoals Technologies Group and First Solar Continue Partnership |
PORTLAND, Tenn., March 26, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical balance of systems (“EBOS”) solutions for the energy transition market, announced its continued commitment to investment in domestic manufacturing in Alabama with First Solar, Inc. (Nasdaq: FSLR). |
globenewswire.com |
2025-03-26 09:00:00 |
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| Shoals Technologies: 2025 Presents A Large Accumulation Window |
Solar and batteries will be the largest new source of generation capacity in 2025. Shoals' growth has slowed, but their balance sheet continues to improve while they maintain backlog. Shoals share price has fallen into value territory, presenting investors an opportunity to accumulate shares. |
seekingalpha.com |
2025-03-18 06:20:26 |
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| Shoals Technologies Q4: Why I'm Sticking With My Buy Rating |
Shoals Technologies Group, Inc. is a market leader in EBOS installations for solar energy, with a strong long-term outlook despite recent share price drops. The company reported $107m in Q4 2024 revenue, with a 10-12.8% projected growth rate for 2025, and maintains a strong balance sheet. Shoals is investing in innovative solutions and a new factory, aiming to improve efficiencies and maintain a dominant market share in the growing solar industry. |
seekingalpha.com |
2025-02-28 12:03:00 |
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| Shoals Technologies Group, Inc. Announces Participation in Upcoming Events for the Investor Community |
PORTLAND, Tenn., Feb. 27, 2025 (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 its participation in the following upcoming investor events: March 4th, 2025: Jefferies Power, Utilities, and Clean Energy Conference in New York Shoals' CEO Brandon Moss, VP of Finance and Investor Relations Matt Tractenberg, and VP of Marketing and Communications Lindsey Williams will host in-person investor meetings with covering analyst Julien Dumoulin-Smith. |
globenewswire.com |
2025-02-27 09:30:00 |
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| Shoals Technologies Group, Inc. (SHLS) Q4 2024 Earnings Call Transcript |
Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q4 2024 Earnings Conference Call February 25, 2025 8:00 AM ET Company Participants Matthew Tractenberg - Vice President of Finance & Investor Relations Brandon Moss - Chief Executive Officer Dominic Bardos - Chief Financial Officer Conference Call Participants Andrew Percoco - Morgan Stanley Mark Strouse - JPMorgan Philip Shen - ROTH Capital Partners Brian Lee - Goldman Sachs Colin Rusch - Oppenheimer Kashy Harrison - Piper Sandler Praneeth Satish - Wells Fargo Dimple Gosai - Bank of America Operator Good morning and welcome to the Shoals Technologies Group Fourth Quarter 2024 Earnings Conference Call. Today's call is being recorded and we have allocated 1 hour for prepared remarks and Q&A. |
seekingalpha.com |
2025-02-25 17:14:05 |
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| Shoals Technologies Group (SHLS) Lags Q4 Earnings Estimates |
Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.12 per share a year ago. |
zacks.com |
2025-02-25 11:30:26 |
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| Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2024 |
– Quarterly Revenue of $107.0 million – – Adjusted Gross Profit Percentage1 of 37.6% – – Quarterly Net Income of $7.8 million – – Adjusted EBITDA1 of $26.4 million – – Ending Backlog and Awarded Orders of $634.7 million – – Provides First Quarter and Full Year 2025 Outlook – PORTLAND, Tenn., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions and components, including battery energy storage solutions (“BESS”), and Original Equipment Manufacturer (“OEM”) components for the global energy transition market, today announced results for its fourth quarter ended December 31, 2024. |
globenewswire.com |
2025-02-25 09:00:00 |
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| Shoals Technologies Group Appeals ITC Reversal Decision to Federal Circuit and Receives Institution in New ITC Action Against Voltage |
PORTLAND, Tenn., Feb. 11, 2025 (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 filed a Petition for Review and Notice of Appeal to the United States Court of Appeals for the Federal Circuit. |
globenewswire.com |
2025-02-11 20:58:00 |
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| Shoals Technologies Group, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release Date and Conference Call |
PORTLAND, Tenn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its fourth quarter and full year 2024 results before market open on Tuesday, February 25, 2025, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day. |
globenewswire.com |
2025-01-30 09:00:00 |
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| Shoals Technologies: A Great Risk-Reward Play Right Now |
Shoals Technologies Group, a leader in EBOS solutions for the solar sector, offers a compelling risk-reward profile despite recent setbacks, including a patent infringement case loss. The company's innovative "plug-and-play" BLA system reduces costs and complexity, enhancing safety and efficiency, which has driven its market share from 7% in 2017 to 32% in 2020. Despite short-term challenges like project delays and litigation costs, Shoals has consistently generated free cash flow and maintains a robust pipeline, signaling strong long-term prospects. |
seekingalpha.com |
2025-01-22 11:42:01 |
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| Shoals Technologies Group Files Additional Patent Infringement Complaint Against Voltage, LLC with the ITC |
Shoals Technologies Group, Inc., maintains commitment to protecting U.S. Solar Manufacturing, files additional patent infringement complaint with ITC. |
globenewswire.com |
2025-01-10 01:47:00 |
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| Shoals Q3: Navigating The Harsh Cyclicality Of Solar Power Returns |
Despite a 65% stock price drop, I believe Shoals is poised for recovery by 2025–2026 due to easing project delays and expected interest rate declines, making it a Buy amid current pessimism. Shoals' strong management—with new COO Kirsten Moen and CEO Brandon Moss's "Shoals 2.0" strategy—focuses on efficiency and innovation, maintaining industry-leading margins and a growing backlog despite macroeconomic challenges. Valuation suggests a 52% margin of safety with a November 2027 enterprise value estimate of $2.475B; however, risks include prolonged high-interest rates that may delay growth. |
seekingalpha.com |
2024-11-20 19:47:43 |
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| Shoals Technologies Q3: Still A Lot Of Uncertainty On The Horizon |
Shoals Technologies Group, Inc. reported mixed Q3 earnings with a revenue decline and EPS miss due to project delays, impacting overall performance. Improved gross profit and operating margins show progress, but high debt and interest expenses raise concerns about financial health during prolonged downturns. Delays and potential political changes pose risks, while solar power's cost-effectiveness offers some optimism amid uncertainties. |
seekingalpha.com |
2024-11-19 15:56:20 |
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| Shoals Technologies Group, Inc. (SHLS) Q3 2024 Earnings Call Transcript |
Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Matthew Tractenberg - Vice President of Finance and Investor Relations Brandon Moss - Chief Executive Officer Dominic Bardos - Chief Financial Officer Conference Call Participants Brian Lee - Goldman Sachs Mark Strouse - JPMorgan Philip Shen - ROTH Capital Partners Kashy Harrison - Piper Sandler Christine Cho - Barclays Jordan Levy - Truist Securities Andrew Percoco - Morgan Stanley Praneeth Satish - Wells Fargo Joseph Osha - Guggenheim Partners Colin Rusch - Oppenheimer Operator Hello and welcome to the Shoals Technologies Group, Inc. Third Quarter 2024 Earnings Call. My name is Alex and I'll be coordinating the call today. |
seekingalpha.com |
2024-11-12 16:54:27 |
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| Shoals Technologies Group (SHLS) Misses Q3 Earnings Estimates |
Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.20 per share a year ago. |
zacks.com |
2024-11-12 11:21:12 |
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| Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2024 |
– 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 provider of electrical balance of system (“EBOS”) solutions for the energy transition market, today announced results for its third quarter ended September 30, 2024. |
globenewswire.com |
2024-11-12 09:00:00 |
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| SHLS ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Shoals Technologies Group, Inc. Shareholders Who Lost Money |
NEW YORK, NY / ACCESSWIRE / November 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products. |
accesswire.com |
2024-11-05 09:25:00 |
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| Lost Money on Shoals Technologies Group, Inc.(SHLS)? Contact Levi & Korsinsky Regarding an Ongoing Investigation |
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products. |
accesswire.com |
2024-11-04 09:25:00 |
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| SHLS STOCK ALERT: Levi & Korsinsky Notifies Shoals Technologies Group, Inc. Investors of an Ongoing Investigation |
NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products. |
accesswire.com |
2024-11-01 09:30:00 |
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| Shoals Technologies Group, Inc. Announces Participation in Upcoming Investor Events |
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: |
globenewswire.com |
2024-10-31 18:15:00 |
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| ATTENTION SHLS SHAREHOLDERS: Investors who lost money on Shoals Technologies Group, Inc. are urged to contact Levi & Korsinsky about an ongoing investigation |
NEW YORK, NY / ACCESSWIRE / October 31, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products. |
accesswire.com |
2024-10-31 09:30:00 |
Czytaj oryginał (ang.) |
| Levi & Korsinsky Investigates Possible Securities Fraud Violations by Shoals Technologies Group, Inc. (SHLS) |
NEW YORK, NY / ACCESSWIRE / October 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products. |
accesswire.com |
2024-10-30 09:25:00 |
Czytaj oryginał (ang.) |
| SHLS ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Shoals Technologies Group, Inc. Shareholders Who Lost Money |
NEW YORK, NY / ACCESSWIRE / October 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products. |
accesswire.com |
2024-10-28 10:35:00 |
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| INVESTOR ALERT: Rigrodsky Law, P.A. Reminds Shareholders of Investigation of Shoals Technologies Group, Inc. |
WILMINGTON, DE / ACCESSWIRE / October 25, 2024 / Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ GM:SHLS) on behalf of stockholders. |
accesswire.com |
2024-10-25 11:00:00 |
Czytaj oryginał (ang.) |
| Shoals Technologies Group, Inc. Being Investigated on Behalf of Shoals Technologies Group, Inc. Investors. Contact Levi & Korsinsky For Details. |
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products. |
accesswire.com |
2024-10-22 17:45:00 |
Czytaj oryginał (ang.) |
| SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Shoals Technologies Group, Inc. On Behalf of Shareholders |
WILMINGTON, DE / ACCESSWIRE / October 17, 2024 / Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ GM:SHLS) on behalf of stockholders. |
accesswire.com |
2024-10-17 21:00:00 |
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| Shoals Technologies Group, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call |
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. |
globenewswire.com |
2024-10-14 20:30:00 |
Czytaj oryginał (ang.) |
| Shoals Technologies Group Appoints Chief Operations Officer and Interim Chief Legal Officer |
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. |
globenewswire.com |
2024-09-30 12:00:00 |
Czytaj oryginał (ang.) |
| Shoals Technology Group, Inc. Hosted Inaugural Investor Day |
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. |
globenewswire.com |
2024-09-05 18:47:00 |
Czytaj oryginał (ang.) |
| Shoals Technologies Stock: Why I'm Staying Bullish Despite The Recent Setbacks |
Shoals Technologies has faced significant challenges in 2024, including project delays, supply chain disruptions, and legal issues, leading to a substantial decline in its stock price. Operational disruptions and market headwinds such as permitting issues, labor shortages, and high financing costs have delayed installations and negatively impacted revenue growth. Legal and regulatory challenges have added to Shoals' woes, including a shareholder lawsuit over warranty expenses and ongoing intellectual property litigation. |
seekingalpha.com |
2024-09-04 15:34:35 |
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| Shoals Technologies Group Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC |
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 |
globenewswire.com |
2024-09-03 10:50:00 |
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