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Shoals Technologies narrows FY23 revenue view to $485M-$495M from $480M-$510M

Consensus $498.89M. Sees FY23 adjusted EBITDA $165M-$175M. The company said, “Full Year 2023 Outlook Based on current business conditions, business trends and other factors, the Company is narrowing its outlook for revenue and raising its outlook for Adjusted EBITDA and Adjusted net income. The outlook for interest expense and capital expenditures remains unchanged.”

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