Monday, March 15, 2021 4:20:16 PM
– Fourth Quarter Gross Margin Expands More Than 530 bps Year-Over-Year –
– Backlog at December 31, 2020 up 46% Versus Last Year –
– Provides 2021 Outlook for Continued Strong Growth –
PORTLAND, Tenn., March 15, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage and electric vehicle charging infrastructure, today announced financial results for its fourth quarter and full year ended December 31, 2020.
“2020 was another record year for Shoals. We grew revenues 21%, expanded adjusted EBITDA margins more than 900 basis points, increased the percentage of our revenues from system solutions to 66% and successfully navigated the unique challenges created by the coronavirus pandemic. Our results reflect the tremendous efforts of our team members and the passion they have for our technology and its important role in the energy transition,” said Jason Whitaker, Chief Executive Officer of Shoals.
Recent SHLS News
- The Gross Law Firm Notifies Shoals Technologies Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - SHLS • PR Newswire (US) • 05/03/2024 09:45:00 AM
- Shoals Technologies Group, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - SHLS • PR Newswire (US) • 04/26/2024 09:45:00 AM
- Shoals Technologies Group, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call • GlobeNewswire Inc. • 04/23/2024 08:30:52 PM
- Shoals Technologies Group, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before May 21, 2024 to Discuss Your Rights - SHLS • PR Newswire (US) • 04/19/2024 10:15:00 AM
- The Gross Law Firm Notifies Shoals Technologies Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - SHLS • PR Newswire (US) • 04/16/2024 10:10:00 AM
- Shareholders of Shoals Technologies Group, Inc. Should Contact The Gross Law Firm Before May 21, 2024 to Discuss Your Rights - SHLS • PR Newswire (US) • 04/12/2024 09:45:00 AM
- The Gross Law Firm Notifies Shareholders of Shoals Technologies Group, Inc.(SHLS) of a Class Action Lawsuit and an Upcoming Deadline • PR Newswire (US) • 04/09/2024 10:20:00 AM
- Shareholders of Shoals Technologies Group, Inc. Should Contact The Gross Law Firm Before May 21, 2024 to Discuss Your Rights - SHLS • PR Newswire (US) • 04/05/2024 09:45:00 AM
- Shoals Technologies Group, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before May 21, 2024 to Discuss Your Rights - SHLS • PR Newswire (US) • 04/02/2024 09:45:00 AM
- The Gross Law Firm Reminds Shoals Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 21, 2024 - SHLS • PR Newswire (US) • 03/29/2024 09:45:00 AM
- SHLS) AND LEAD PLAINTIFF DEADLINE • PR Newswire (US) • 03/26/2024 12:00:00 PM
- Shoals Technologies Group Asserts Its Intellectual Property Rights and Vows to Defend Patent • GlobeNewswire Inc. • 03/12/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 08:37:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 08:37:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 08:37:08 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 10:11:45 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 10:03:43 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 09:45:28 PM
- Shoals Technologies Group Appoints CEO Brandon Moss to Its Board of Directors • GlobeNewswire Inc. • 03/07/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 10:34:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 10:34:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 10:33:10 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 10:10:15 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/28/2024 09:52:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 09:10:14 PM
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