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Shoals Technologies Group Inc. news and market signals

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Shoals-Array Merger Sets $2.4B 2027 Revenue Target
ETFs & MarketsBasic

Shoals-Array Merger Sets $2.4B 2027 Revenue Target

The proposed merger between Shoals Technologies Group Inc. and Array Technologies Inc. outlines an ambitious revenue outlook, projecting between $2.2 billion and $2.4 billion by 2027. This strategic combination also targets significant cost synergies, aiming for $100 million in annual incremental EBITDA by the third year post-merger.

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