Shoals technologies group, inc. reports financial results for second quarter 2024

– quarterly revenue of $99.2 million – – gross margin of 40.3% – – net income of $11.8 million – – adjusted ebitda of $27.7 million – – backlog and awarded orders increased 18% year-over-year to $642.3 million – – provides third quarter and full year 2024 outlook – portland, tenn., aug. 06, 2024 (globe newswire) -- shoals technologies group, inc. (“shoals” or the “company”) (nasdaq: shls), a leading provider of electrical balance of system (“ebos”) solutions for the energy transition market, today announced results for its second quarter ended june 30, 2024.
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