Shoals Technologies Inc.
shares jumped more than 10% in after-hours trading Monday, after the company reported a big beat on quarterly earnings and revenue, including topping $100 million in sales for the first time. Shoals, which sells components for solar-energy systems, reported earnings of $14.3 million, or 10 cents a share, on revenue of $105.1 million, up from $68 million a year ago.
shares jumped more than 10% in after-hours trading Monday, after the company reported a big beat on quarterly earnings and revenue, including topping $100 million in sales for the first time. Shoals, which sells components for solar-energy systems, reported earnings of $14.3 million, or 10 cents a share, on revenue of $105.1 million, up from $68 million a year ago.