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

– quarterly revenue of $107.0 million – – adjusted gross profit percentage1 of 37.6% – – quarterly net income of $7.8 million – – adjusted ebitda1 of $26.4 million – – ending backlog and awarded orders of $634.7 million – – provides first quarter and full year 2025 outlook – portland, tenn., feb. 25, 2025 (globe newswire) -- shoals technologies group, inc. (“shoals” or the “company”) (nasdaq: shls), a leading provider of electrical balance of system (“ebos”) solutions and components, including battery energy storage solutions (“bess”), and original equipment manufacturer (“oem”) components for the global energy transition market, today announced results for its fourth quarter ended december 31, 2024.
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