Shoals Technologies Group Inc Ordinary Shares - Class A
SHLS: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$>F?<WL | LOCK|>@ | LOCK|B%Dn&$ |
Shoals Earnings: Gross Margin Compression Overshadows Revenue Guidance Raise
Shoals reported second-quarter revenue of $111 million versus PitchBook consensus of $102 million and EBITDA of $25 million. Full-year revenue guidance increased 7% to $460 million at the midpoint, while EBITDA guidance was maintained at $110 million to $115 million. Shares fell 13% on Aug. 5.
