08:39 AM EST, 11/04/2025 (MT Newswires) -- Shoals Technologies Group ( SHLS ) reported Q3 adjusted earnings Tuesday of $0.12 per diluted share, up from $0.08 a year earlier.

Analysts polled by FactSet expected $0.13.

Revenue for the quarter ended Sept. 30 was $135.8 million, up from $102.2 million a year earlier.

Analysts surveyed by FactSet expected $130.8 million.

The company said it expects Q4 revenue in the range of $140 million to $150 million. Analysts polled by FactSet expect $140.9 million.

Shoals Technologies ( SHLS ) said it now expects its 2025 revenue in the range of $467 million to $477 million, up from its prior range of $450 million to $470 million. Analysts surveyed by FactSet expect $462.5 million.

Shares of the company were down 12% in recent Tuesday premarket activity.