Shoals Technologies Group Inc Ordinary Shares - Class A

SHLS: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Shoals Earnings: 2024 Guidance on Track as Focus Shifts to Backlog for 2025

Brett Castelli

Nov 12, 2024

Shoals reported third-quarter results and updated its 2024 guidance. Full-year revenue guidance was increased 3% at the midpoint, while adjusted EBITDA expectations were trimmed 4%. Backlog and awarded orders totaled $597 million, a 7% sequential decline.

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Shoals Technologies Group Inc Ordinary Shares - Class A

Shoals Earnings: 2024 Guidance on Track as Focus Shifts to Backlog for 2025

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