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home / news releases / STEM - Stem GAAP EPS of -$0.15 beats by $0.01 revenue of $41.09M beats by $12.15M


STEM - Stem GAAP EPS of -$0.15 beats by $0.01 revenue of $41.09M beats by $12.15M

Stem press release (NYSE:STEM): Q1 GAAP EPS of -$0.15 beats by $0.01. Revenue of $41.09M (+166.5% Y/Y) beats by $12.15M. Backlog grew 156% as compared to the period ended March 31, 2021, driven by $151M in bookings. FY2022 Outlook: Revenue: $350M to $425M vs. consensus of $376.39M; Non-GAAP gross margin rate: 15% to 20%; Adjusted EBITDA: -$60M to -$20M; Bookings: $650M to $750M.

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Stem GAAP EPS of -$0.15 beats by $0.01, revenue of $41.09M beats by $12.15M
Stock Information

Company Name: Stem Inc Com
Stock Symbol: STEM
Market: NYSE
Website: stem.com

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