Shoals Technologies Group, Inc. Q1 FY2024 Earnings Call

Shoals Technologies Group, Inc. (SHLS)

Earnings Call FY2024 Q1 Call date: 2024-05-07 Concluded

Quarter scorecard

Revenue

$90.81M

-13.6% YoY

Diluted EPS

$0.03

-70% YoY

Gross margin

40.2%

-5.7 pp YoY

Net income

$4.77M

-66.6% YoY

System Solutions $65.06M

-28.7%

Components $25.75M

+86.8%