Shoals Sees Combined Company’s 2027 Revenue at $2.2 Billion-$2.4 Billion After ARRAY Merger
Bitget2026/11/04 12:02- Shoals expects its proposed merger with ARRAY to create a combined company generating preliminary 2027 revenue of $2.2 billion to $2.4 billion.
- Combined adjusted EBITDA is estimated at $410 million to $480 million, including first-year synergies.
- Annual adjusted EBITDA synergies are expected to exceed $100 million within three years of closing.
- Net debt to adjusted EBITDA is projected below 2 times by year-end 2027, versus 2.6 times at year-end 2026.
- The stock-for-stock merger is expected to close in the first quarter of 2027, subject to shareholder and regulatory approvals.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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