Shoals Technologies Group, Inc. is set to announce its latest quarterly earnings on Monday, May 4th. Analysts estimate an earnings per share (EPS) of $0.06 for the upcoming report.
Today, SHLS is priced at $7.58, representing a decrease of 21.5 cents (-2.76%) from the previous close. The trading volume is $817,785, 15.05% above the average volume. Recent market activity has impacted the asset's performance.
In the last quarterly report on February 23rd, SHLS reported an EPS of 0.14. The company's revenue figures for the quarter are not available at this time.
The company's cash flow statement shows a net change in cash of -$1.27 million. Operating cash flow was -$4 million, with capital expenditures at -$7.16 million.
Shoals Technologies Group recorded a revenue of $148.32 million. The company achieved a gross profit of $46.91 million, resulting in a net income of $8.12 million. Earnings per share (EPS) stood at 4.85 cents.
Key financial ratios include a net profit margin of 5.48%, return on equity of 1.35, and a price-earnings ratio of 43.8. These metrics provide insights into the company's performance and valuation.
With total assets of $904.10 million and total liabilities of $304.13 million, Shoals Technologies Group shows a solid financial position. The company has cash and cash equivalents worth $7.32 million.
This financial report provides a snapshot of SHLS's current financial standing and performance metrics.
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.