Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2024
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Shoals Technologies Group, Inc. reported its Q4 2024 financial results, with revenue of $107 million, a net income of $7.8 million, and an adjusted EBITDA of $26.4 million. The company also provided its outlook for Q1 and full year 2025.
February 25, 2025 | 12:15 pm
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Shoals Technologies reported strong Q4 2024 financial results with significant revenue and net income. The company has a robust backlog and provided a positive outlook for 2025.
The strong financial performance in Q4 2024, including a high revenue and net income, along with a substantial backlog, suggests a positive short-term impact on SHLS stock. The provided outlook for 2025 further supports investor confidence.
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IMPORTANCE 80
RELEVANCE 100