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home / news releases / SHLS - Shoals Technologies Group Inc. (SHLS) Q1 2024 Earnings Call Transcript


SHLS - Shoals Technologies Group Inc. (SHLS) Q1 2024 Earnings Call Transcript

2024-05-08 00:05:23 ET

Shoals Technologies Group, Inc. (SHLS)

Q1 2024 Earnings Conference Call

May 07, 2024 05:00 PM ET

Company Participants

Mehgan Peetz - General Counsel, Corporate Secretary & Chief Legal Officer

Brandon Moss - Chief Executive Officer

Dominic Bardos - Chief Financial Officer

Conference Call Participants

Mark Strouse - JPMorgan Chase

Philip Shen - ROTH

Andrew Percoco - Morgan Stanley

Brian Lee - Goldman Sachs

Maheep Mandloi - Mizuho Securities

Jordan Levy - Truist Securities

Christine Cho - Barclays

Donovan Schafer - Northland Capital Markets

Presentation

Operator

Good afternoon, and welcome to the Shoals Technologies Group First Quarter 2024 Earnings Conference Call. Today's call is being recorded, and we have allocated one hour for prepared remarks and Q&A.

At this time, I would like to turn the conference over to Mehgan Peetz, Chief Legal Officer for Shoals Technology Group. Thank you. You may begin.

Mehgan Peetz

Thank you, operator, and thank you everyone for joining us today. Hosting the call with me are CEO, Brandon Moss; CFO, Dominic Bardos; and our new Vice President of Finance and Investor Relations, Matt Tractenberg.

On this call, management will be making projections or other forward-looking statements based on current expectations and assumptions, which are subject to risks and uncertainties. As you listen and consider these comments, you should understand that these statements, including the guidance for the second quarter and full year 2024, are not guarantees of performance or results.

Actual results could differ materially from our forward-looking statements, if any of our assumptions are incorrect or because of other factors. These factors include, among other things, the risk factors described in our filings with the Securities and Exchange Commission, including economic, market and industry conditions, defects or performance problems in our products or their parts, including those related wire inflation shrinkback matter, failure to accurately estimate the potential losses related to such matter and failure to recover those losses from the manufacturer, decrease demand for our products, policy and regulatory changes, supply chain disruptions and availability and price of our components and materials.

Although we may indicate and believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate or incorrect and therefore, there can be no assurance that the results contemplated in the forward-looking statements will be realized. We caution that any forward-looking statement included in this discussion is made as of the date of this discussion and we do not undertake any duty to update any forward-looking statements.

Today's presentation also includes references to non-GAAP financial measures. You should refer to the information contained in the company's first quarter press release for definitional information and reconciliations of historical non-GAAP measures to the comparable financial measures....

For further details see:

Shoals Technologies Group, Inc. (SHLS) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Shoals Technologies Group Inc.
Stock Symbol: SHLS
Market: NASDAQ
Website: shoals.com

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