Shoals Technologies Group, Inc. (SHLS) Tops Q3 EPS by 2c

Shoals Technologies Group, Inc. (NASDAQ: SHLS) reported Q3 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $90.8 million versus the consensus estimate of $83.03 million.

GUIDANCE:

Shoals Technologies Group, Inc. sees FY2022 revenue of $310-325 million, versus the consensus of $313 million.

• Adjusted EBITDA to be in the range of $80 million to $86 million up from $77 million to $86 million
• Adjusted net income to be in the range of $48 million to $53 million up from $45 million to $53 million

For earnings history and earnings-related data on Shoals Technologies Group, Inc. (SHLS) click here.

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