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Shoals’ Q4 Revenue Surges by 38%, Driven by Higher Sales

The company added over $128 million in new orders in the quarter, increasing 47% YoY

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Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and eMobility reported a net income of $16.6 million during the fourth quarter (Q4) of 2023, contrasting with the $118.3 million reported in the corresponding period in 2022.

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