Benzinga | May 3, 2021 04:02PM EDT

Shoals Reaffirms FY21 Sales Guidance $230M-$240M vs $235.67M Est.

Full Year 2021 Outlook

Based on current business conditions, business trends and other factors, the Company reaffirms its previously announced outlook for the full year ending December 31, 2021 which calls for:

* Revenues to be in the range of $230 million to $240 million, up 31.0% to 36.7% year-over-year

* Adjusted EBITDA to be in the range of $75 million to $80 million

* Adjusted net income to be in the range of $47 to $51 million