STEM News and Press, Stem Inc Com From 03/09/23

Governments all over the world are pushing for a greener future. In fact, the U.S. just promised to cut emissions by up to 52%. Europe says it’ll cut emission by up to 55%. China says it will stop releasing CO2 in the next 40 years. In addition, just this week, the Biden Administration ann...

Summary The new Fluence Energy, Inc. management team has shown strong execution capabilities as they addressed each of their objectives set for the company. In the Q1 FY2023, Fluence Energy achieved a record order intake of $856 million, bringing the contracted backlog to $2.7 billion. ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle adoption is taking off and is poised to keep climbing tremendously in the coming years. First of all, New York, California, and the EU  have all banned  the sale of gasoline-powered vehicles star...

Energy solutions specialist Stem (NYSE: STEM) deeply underperformed the market on Friday, falling by 18% as of 1 p.m. ET, compared to a 0.9% decline in the S&P 500 . That decline pushed the volatile artificial intelligence stock back into negative territory for the year. It ca...

Boston, Massachusetts--(Newsfile Corp. - February 17, 2023) - Block & Leviton is investigating Stem, Inc. (NYSE: STEM) for potential securities law violations. Investors who have lost money in their Stem investment should contact the firm to learn more about how they might recover those los...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Since at least 2020, I have recognized the tremendous power of artificial intelligence to change our world in general and companies’ financial results in particular. My belief in the power of AI led me to recommend ...

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...