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Shoals Technologies Q3 Revenue Rises 43.8% as Non-GAAP EPS Beats Estimates

Shoals Technologies Q3 Revenue Rises 43.8% as Non-GAAP EPS Beats Estimates

Photo: TokenPost

Shoals Technologies Group, Inc. (SHLS) posted $195.3 million in third-quarter revenue, a 43.8% increase from the same period a year earlier. Revenue rose from $135.8 million a year earlier and exceeded estimates by $33.3 million. Non-GAAP earnings per share was $0.14, beating estimates by $0.02. The measure calculates per-share earnings using the company’s non-GAAP methodology. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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