Shoals Technologies Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 73.49 million compared to USD 59.72 million a year ago. Net income was USD 4.4 million compared to USD 4.56 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.05 a year ago.
For the six months, sales was USD 141.47 million compared to USD 105.33 million a year ago. Net income was USD 7.04 million compared to USD 1.7 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.