Exhibit 99.1 Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2024 – 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, TN. – May 7, 2024 (GLOBE NEWSWIRE) – Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electri ...

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. ...

NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS) and reminds investors of the May 21, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $10 ...

Hiraman Thesis Today's thesis is about Shoals Technologies (NASDAQ:SHLS), which serves two rapidly growing industries: solar and EV. I am bullish on SHLS and think it can generate good returns in the long run due to its unique products and solutions, presence in rapidly growing markets, and strong financial and fundamental conditions. About Shoals Shoals serves the solar, EV, and Battery energy market and was founded in 1996. It is headquartered in Portland, Tennessee, and its manufacturing facility is loca ...

MILWAUKEE, March 21, 2024 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against Shoals (Nasdaq: SHLS). The investigation results from inaccurate statements Shoals may have made regarding its accounting, business operations and prospects. Click here to learn more about the investigation: https://www.ademilaw.com/case/shoals-technologies-group-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. The investigation focuses Shoals' representations ...

RonFullHD I believe Shoals Technologies (NASDAQ:SHLS) stands up there with some of the best solar energy investments at this time, alongside Enphase. I consider it far outperforming its competition in its areas of expertise. My market analysis reveals this year to be an exceptional opportunity to buy into the long-term growth opportunity in Shoals stock at a significant undervaluation. Overview & Updates Shoals is well-known for its electrical balance of systems (EBOS) technologies for a range of clean ...

PORTLAND, Tenn., March 12, 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, reaffirmed its commitment to protecting its intellectual property rights and announced it will continue to vigorously defend its patent complaint with the U.S. International Trade Commission ("ITC") against Voltage, LLC, based in Chapel Hill, North Carolina. In light of a recent ru ...

February 2024 This presentation contains forward-looking statements that are based on our management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include information concerning our possible or assumed future results of operations, including our financial guidance for the first quarter of 2024 and for the full year ending December 31, 2024; business strategies; technology developments; financing and investment plans; warranty, litigation and l ...

Shoals will continue to protect and grow our core utility scale solar business. This includes growing share within our domestic solar base and accelerating growth in international markets. We also expect to accelerate our diversification into new markets that support electrification. This includes leveraging our very strong balance sheet and cash flows by investing for both organic and inorganic growth. In fact, despite accelerating remediation efforts for the defective Prysmian wire for which we plan to sp ...

Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -29.41%. A quarter ago, it was expected that this solar energy equipment supplier would post earnings of $0.16 per share when it actually produced earnings of $0.20, delivering a surprise of 25%.Over the ...