Shoals Technologies Group, Inc. is expected to release its latest quarterly earnings on Monday, May 4th, with a consensus estimate of $0.06 earnings per share.
Shoals Technologies Group, Inc. (SHLS) is currently priced at $7.63, showing a decrease of -17.02 cents (-2.18%) from the previous close. The trading volume is at $1.15 million, representing a 21.15% increase compared to the average volume.
The company's latest quarterly earnings were reported on Monday, February 23rd, with a consensus estimate of $0.14 earnings per share. The revenue and profit margin figures for this period are not provided.
Shoals Technologies Group, Inc. reported a net change in cash of -$1.27 million for the period, with operating cash flow at -$4 million. Notable cash flows include debt repayment of -$10 million and capital expenditure of -$7.16 million.
The company generated $148.32 million in revenue, resulting in a gross profit of $46.91 million. Operating income was reported at $17.40 million, with a net income of $8.12 million. Earnings per share (EPS) and EPS diluted were 4.85 cents and 4.79 cents, respectively.
Key financial ratios for Shoals Technologies Group, Inc. include a net profit margin of 5.48%, return on assets of 0.9%, and a price-to-earnings ratio of 43.8.
The company's balance sheet shows total assets of $904.10 million, total liabilities of $304.13 million, and net debt of $168 million. Cash and cash equivalents stand at $7.32 million.
This financial report provides insights into SHLS's performance and financial health, offering a comprehensive view for investors and stakeholders.
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.