PORTLAND, Tenn., March 26, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals") (NASDAQ:SHLS), a global leader in electrical balance of systems ("EBOS") solutions for the energy transition market, announced its continued commitment to investment in domestic manufacturing in Alabama with First Solar, Inc. (NASDAQ:FSLR). This partnership enables the two companies to support the continued reshoring of domestic supply chains for the U.S. solar industry. "Our longstanding partnership with First Solar is something we are really proud of at Shoals," Brandon Moss, CEO of Shoals stated. "We appreciate First Solar's confidence in our commitment to quality products to support the re-s

PORTLAND, Tenn., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (NASDAQ:SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today its participation in the following upcoming investor events: March 4th, 2025: Jefferies Power, Utilities, and Clean Energy Conference in New YorkShoals' CEO Brandon Moss, VP of Finance and Investor Relations Matt Tractenberg, and VP of Marketing and Communications Lindsey Williams will host in-person investor meetings with covering analyst Julien Dumoulin-Smith. Interested investors should contact their Jefferies sales representative. March 5th, 2025: Citi Virtual F

– 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 De

PORTLAND, Tenn., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (NASDAQ:SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today that it has filed a Petition for Review and Notice of Appeal to the United States Court of Appeals for the Federal Circuit. The appeal seeks review of the International Trade Commission (ITC) decision to reverse the Administrative Law Judge's (ALJ) prior determination that Voltage's LYNX trunk bus products infringe Shoals' '153 Patent. In the filing, Shoals requests that the Federal Circuit Court of Appeals review and overturn the ITC's interpretation of the Shoals '15

PORTLAND, Tenn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the "Company") (NASDAQ:SHLS) today announced that the Company will release its fourth quarter and full year 2024 results before market open on Tuesday, February 25, 2025, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day. Interested investors and other parties can access the live webcast through the Investor Relations section of the Company's website at https://investors.shoals.com. An archived replay of the webcast will be available shortly after the event concludes. About Shoals Technologies Group, Inc.Shoals Technologies Group is a leading provider of electrical balance of

PORTLAND, Tenn., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals") (NASDAQ:SHLS), a global leader in electrical balance of system ("EBOS") solutions for the energy transition market, announced today that it has filed a new patent infringement complaint with the U.S. International Trade Commission ("ITC") against Voltage, LLC and related foreign entity. This complaint cites two new patents (‘375 and ‘376 Patents) that cover Shoals' Big Lead Assembly ("BLA") solutions. After filing the pending ‘153 Patent infringement complaint in 2023, Shoals was issued the ‘375 and ‘376 Patents. These new patents relate to an improved trunk bus lead assembly for solar panel arra

PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, today announced the appointment of Robert Julian and Daniela Mielke to its Board of Directors. "Robert and Daniela are recognized leaders in industries that are especially relevant to PROG Holdings. Robert's consumer retail and e-commerce financial expertise, as well as Daniela's leadership in digital payments, fintech and e-commerce, will make them both highly valuable additions to our Board," said Ray Robinson, Chairman of PROG Holdings. "We're pleased to welcome Robert and Daniela as our newest independent directors," said Steve Michaels, PROG Holdings' P

– Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC – – Quarterly Revenue of $102.2 million – – Gross Profit Percentage of 24.8% and Adjusted Gross Profit Percentage of 37.9% – – Net Loss of $0.3 million – – Adjusted EBITDA of $24.5 million – – Raises Midpoint of Full-Year Revenue Outlook – PORTLAND, Tenn., Nov. 12, 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 third quarter ended September 30, 2024. "I'm pleased with the robust engagement we experienced in the third

PORTLAND, Tenn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals"), a global leader in electrical balance of system ("EBOS") solutions for the energy transition market, announced today its participation in the following upcoming investor events: November 14, 2024: Jefferies Virtual Fireside Chat Shoals' CEO Brandon Moss, CFO Dominic Bardos, and VP of Finance and Investor Relations Matt Tractenberg will participate in a fireside chat with covering analyst Julien Dumoulin-Smith. Interested investors should contact their Jefferies sales representative. November 22, 2024: Truist Securities Virtual Fireside Chat Shoals' CEO Brandon Moss, CFO Dominic Bardos, and V

PORTLAND, Tenn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the "Company") (NASDAQ:SHLS) today announced that the Company will release its third quarter 2024 results before market open on Tuesday, November 12, 2024, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day. Interested investors and other parties can access the live webcast through the Investor Relations section of the Company's website at https://investors.shoals.com. An archived replay of the webcast will be available shortly after the event concludes. About Shoals Technologies Group, Inc.Shoals Technologies Group is a leading provider of electrical balance of systems ("EBOS

Wolfe Research initiated coverage of Shoals Technologies with a rating of Peer Perform

Morgan Stanley upgraded Shoals Technologies from Equal-Weight to Overweight and set a new price target of $7.00

BofA Securities initiated coverage of Shoals Technologies with a rating of Buy and set a new price target of $6.00

TD Cowen reiterated coverage of Shoals Technologies with a rating of Buy and set a new price target of $11.00 from $9.50 previously

Wells Fargo initiated coverage of Shoals Technologies with a rating of Equal Weight and set a new price target of $46.00

Citigroup upgraded Shoals Technologies from Sell to Neutral and set a new price target of $5.50 from $5.00 previously

Jefferies initiated coverage of Shoals Technologies with a rating of Hold and set a new price target of $5.00

Exane BNP Paribas downgraded Shoals Technologies from Outperform to Neutral and set a new price target of $7.00 from $15.00 previously

Citigroup downgraded Shoals Technologies from Buy to Sell and set a new price target of $5.00 from $15.00 previously

TD Cowen reiterated coverage of Shoals Technologies with a rating of Buy and set a new price target of $11.00 from $15.00 previously

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PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, today announced the appointment of Robert Julian and Daniela Mielke to its Board of Directors. "Robert and Daniela are recognized leaders in industries that are especially relevant to PROG Holdings. Robert's consumer retail and e-commerce financial expertise, as well as Daniela's leadership in digital payments, fintech and e-commerce, will make them both highly valuable additions to our Board," said Ray Robinson, Chairman of PROG Holdings. "We're pleased to welcome Robert and Daniela as our newest independent directors," said Steve Michaels, PROG Holdings' P

PORTLAND, Tenn., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals"), a global leader in electrical balance of system ("EBOS") solutions for the energy transition market, announced today that it has further strengthened its executive team with two new additions to drive operational excellence. Kirsten Moen, newly appointed Chief Operations Officer, is an accomplished operations and manufacturing executive with extensive experience in leading organizations such as Eaton and Stanley Black & Decker. Her established track record of driving lean manufacturing, optimizing manufacturing processes, and delivering measurable results will further position Shoals as a lea

PORTLAND, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (NASDAQ:SHLS), a global leader in electrical balance of systems (EBOS) solutions for the energy transition market, today announced that its Board of Directors has appointed Niharika Taskar Ramdev to the Board, effective August 9, 2024. The Board also appointed Ms. Ramdev to be a member of the Audit Committee of the Board. Ms. Ramdev replaces Peter Wilver, who resigned from the Board of Directors as of August 9, 2024. Shoals thanks Mr. Wilver for his service to the Company and its stockholders. "We are grateful to Pete for his outstanding contribution to Shoals and are excited to welcome Niharika to the Boar

PORTLAND, Tenn., June 13, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (NASDAQ:SHLS), a leading provider of electrical balance of system ("EBOS") solutions for the energy transition market, today announced that it will host its inaugural Investor Day in Nashville, Tennessee on Thursday, September 5, 2024, beginning at 8:30 a.m. CT. Brandon Moss, Chief Executive Officer and Dominic Bardos, Chief Financial Officer, along with other members of the senior leadership team, will provide an in-depth overview of the Company's strategy, including key growth opportunities and financial objectives. The formal presentations will be followed by a Q&A session with the Shoals' senior leader

Investors can contact the law firm at no cost to learn more about recovering their losses ​LOS ANGELES, May 13, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS) investors that a lawsuit was filed on behalf of investors that purchased Shoals securities between May 17, 2022 and November 7, 2023, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investor

LOS ANGELES, May 09, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS) investors that a lawsuit was filed on behalf of investors that purchased Shoals securities between May 17, 2022 and November 7, 2023, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses. The complaint alleges that the defe

PORTLAND, Tenn., May 09, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc., a leading provider of electrical balance of systems ("EBOS") solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced the appointment of Gary Uren as Senior Vice President and General Manager (SVPGM) over International Business and Matt Tractenberg as Vice President of Finance and Investor Relations. Gary Uren is a growth-oriented senior business leader, corporate strategist, and M&A practitioner with over 35-years of experience in the global Electrical & Electronics manufacturing arena. In his new role as SVPGM over International Business, Gary will be responsible

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, May 01, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS) investors that a lawsuit was filed on behalf of investors that purchased Shoals securities between May 17, 2022 and November 7, 2023, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors

Investors can contact the law firm at no cost to learn more about recovering their losses ​LOS ANGELES, March 28, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS) investors that a lawsuit was filed on behalf of investors that purchased Shoals securities between May 17, 2022 and November 7, 2023, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss in

Investors can contact the law firm at no cost to learn more about recovering their losses​ LOS ANGELES, March 25, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS) investors that a lawsuit was filed on behalf of investors that purchased Shoals securities between May 17, 2022 and November 7, 2023, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss invest

– 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 De

PORTLAND, Tenn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the "Company") (NASDAQ:SHLS) today announced that the Company will release its fourth quarter and full year 2024 results before market open on Tuesday, February 25, 2025, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day. Interested investors and other parties can access the live webcast through the Investor Relations section of the Company's website at https://investors.shoals.com. An archived replay of the webcast will be available shortly after the event concludes. About Shoals Technologies Group, Inc.Shoals Technologies Group is a leading provider of electrical balance of

– Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC – – Quarterly Revenue of $102.2 million – – Gross Profit Percentage of 24.8% and Adjusted Gross Profit Percentage of 37.9% – – Net Loss of $0.3 million – – Adjusted EBITDA of $24.5 million – – Raises Midpoint of Full-Year Revenue Outlook – PORTLAND, Tenn., Nov. 12, 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 third quarter ended September 30, 2024. "I'm pleased with the robust engagement we experienced in the third

PORTLAND, Tenn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the "Company") (NASDAQ:SHLS) today announced that the Company will release its third quarter 2024 results before market open on Tuesday, November 12, 2024, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day. Interested investors and other parties can access the live webcast through the Investor Relations section of the Company's website at https://investors.shoals.com. An archived replay of the webcast will be available shortly after the event concludes. About Shoals Technologies Group, Inc.Shoals Technologies Group is a leading provider of electrical balance of systems ("EBOS

– 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. "The second quarter was a busy one for Shoals, which included new commercial agreements, new product introduction

PORTLAND, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the "Company") (NASDAQ:SHLS) today announced that the Company will release its second quarter 2024 results after market close on Tuesday, August 6, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website at https://investors.shoals.com. The conference call can be accessed live over the phone by dialing 1-877-407-0789 (domestic) or + 1-201-689-8562 (international). A telephonic replay will be available approxima

– Quarterly Revenue of $90.8 million –– Gross Margin of 40.2% –– Net Income of $4.8 million –– Adjusted EBITDA of $20.5 million –– Backlog and Awarded Orders Increased 17% Year-Over-Year to $615.2 million –– Provides Second Quarter and Full Year 2024 Outlook – PORTLAND, Tenn., May 07, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS), a leading provider of electrical balance of system ("EBOS") solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced results for its first quarter ended March 31, 2024. "Despite additional project delays in the period, the team's continued strong execution allowed Sh

PORTLAND, Tenn., April 23, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the "Company") (NASDAQ:SHLS) today announced that the Company will release its first quarter 2024 results after market close on Tuesday, May 7, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website at https://investors.shoals.com. The conference call can be accessed live over the phone by dialing 1-877-407-0789 (domestic) or + 1-201-689-8562 (international). A telephonic replay will be available approximatel

– Quarterly Revenue of $130.4 million, up 38% Year-Over-Year – – Gross Margin of 42.5% – – Net Income of $16.6 million – – Adjusted EBITDA of $39.1 million – – Backlog and Awarded Orders Increased 47% Year-Over-Year to $631.3 million – – Provides First Quarter and Full Year 2024 Outlook – PORTLAND, Tenn., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS), a leading provider of electrical balance of system ("EBOS") solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced results for its fourth quarter ended December 31, 2023. "Shoals continued its strong growth trajecto

PORTLAND, Tenn., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the "Company") (NASDAQ:SHLS) today announced that the Company will release its fourth quarter 2023 results after market close on Wednesday, February 28, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website at https://investors.shoals.com. The conference call can be accessed live over the phone by dialing 1-877-407-0789 (domestic) or + 1-201-689-8562 (international). A telephonic replay will be available

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