STEM News and Press, Stem Inc Com From 02/17/23

Stem Inc. ( NYSE: STEM ) -9.1% pre-market Friday after reporting Q4 revenues that missed estimates and FY 2023 guidance that disappointed investors. Q4 revenues hit a company record $156M that tripled year-ago results and surged 56% Q/Q, but the analyst consensus had forecast ...

Summary Stem just reported fiscal 2022 fourth quarter earnings that saw revenue grow by nearly 200% over its year-ago quarter. Profitability improved markedly with gross margin coming in at 8%, up by 1100 basis points. Subsidies, the energy crisis, and Russia's war in Ukraine will c...

Stem, Inc. (STEM) Q4 2022 Results Conference Call February 16, 2023 05:00 PM ET Company Participants Ted Durbin - Head of Investor Relations John Carrington - Chief Executive Officer Bill Bush - Chief Financial Officer Michael Carlson - Chief Operating Officer ...

Stem press release ( NYSE: STEM ): Q4 Revenue of $156M (+195.5% Y/Y). GAAP Gross Margin of 8%, up from (3)% in Q4 2021 Non-GAAP Gross Margin of 11%, up from 5% in Q4 2021 Net Loss of $35 million versus Net Loss of $34 million in Q4 2021 Adjusted EBITDA of $(10) million...

Record full year 2022 revenue of $363 million, nearly triple full year 2021 revenue Introducing full-year 2023 guidance and reaffirm plan to achieve positive adjusted EBITDA in 2H’2023 Extending EV charging offering with ChargePoint partnership Fourth Quarter and Fu...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The energy storage industry is well-positioned for success in 2023, as a wave of positive changes in the energy landscape means more investment, innovation, and growth. Clean energy transition and decarbonization initiatives ar...

Summary The IRA seems to be the most headline-positive piece of legislation out there in terms of addressing renewable and EV buildout but is also perhaps the most confusing in terms of actual detail. Domestic manufacturing may be a consideration in the medium term, but with an eye sole...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips There’s no denying that we are witnessing the breakout of the artificial intelligence ( AI ) boom. In November 2022, privately held OpenAI  released its revolutionary bot ChatGPT. Since then, both investors and con...

2022 Consolidated Business Combination Revenue of ~$75,000,000 and Positive Adjusted EBITDA 2023 Consolidated Forecasted Revenue of $100,000,000 and Positive Adjusted EBITDA BOCA RATON, Fla., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Stem Holdings, Inc. (OTCQB: STMH, CSE: STEM) ( ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Renewable energy stocks represent a necessary mechanism to address environmental viability . According to NASA, the “…potential future effects of global climate change include more frequent wildfires, longer pe...