Shoals beats revenue expectations for Q1, 2025
The company posted $80.4 million in revenue and increased its orders backlog to $645 million. Shoals Technologies Group announced its Q1, 2025 revenues, posting $80.4 million in revenue, beating Wall Street Consensus estimates by 7.8%. The stock’s share price rose about 20% in the trading day following the earnings call. Shoals (Nasdaq: SHLS) is a …