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STEM News and Press, Stem Inc Com From 05/08/23

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

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STEM - The 7 Most Undervalued Growth Stocks for Your May Buy List

2023-05-08 06:00:39 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips With short sellers viciously attacking many popular stocks and Wall Street worrying too much about the macroeconomic outlook, there are a multitude of undervalued growth stocks for ...

STEM - Stem, Inc. (STEM) Q1 2023 Earnings Call Transcript

2023-05-04 19:34:03 ET Stem, Inc. (STEM) Q1 2023 Earnings Conference Call May 04, 2023, 05:00 PM ET Company Participants Ted Durbin - Vice President, Investor Relations John Carrington - Chief Executive Officer Bill Bush - Chief Financial Officer Mike Carlson...

STEM - Stem reports Q1 results, reaffirms FY 2023 guidance

2023-05-04 16:05:03 ET Stem ( NYSE: STEM ): Q1 GAAP EPS of -$0.29 misses by $0.05 . Revenue of $67M (+63.1% Y/Y) beats by $3.68M . GAAP gross margin of 1%, down from 9% in Q1 2022. Non-GAAP gross margin of 19%, up from 16% in Q1 2022. Net loss of $45 mi...

STEM - Stem Announces First Quarter 2023 Results

Record First Quarter Revenue of $67 million, Above High End of Guidance Range Accelerating Growth in Software Services Reaffirm Full-Year 2023 Financial and Operating Guidance Recognized as Largest Energy Storage Virtual Power Plant Operator in North America by Wood Macken...

STEM - Stem: Despite An Expanding Industry Trend, It Continues To Lose Money

2023-05-02 14:01:04 ET Summary Stem recently increased its debt burden with a new bond issue. Part of the new debt will pay off a cheaper-to-finance old debt. The company has increased revenues since 2018, but has also continuously increased losses. Stem (STEM) was i...

STEM - Sysco Unveils First Electric Vehicle Hub, Advancing Its Industry Leading Climate Change Commitment

RIVERSIDE, Calif., April 24, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation ( NYSE:SYY ), the world’s largest food distributor, unveiled its vision for the Riverside Electric Vehicle Hub , which will transform the company’s distribution center into the focal point of its electri...

STEM - Stem: Lowering Our 2023 Expectations - Still A Buy

2023-04-12 12:31:54 ET Summary New EPA target (and IRA) will support Stem earnings growth. Stem's latest accounts were solid. The management is on target to achieve its 2025 goals. We are estimating an EBITDA positive number in the 2023 second half. We reiterate our buy rating...

STEM - Stem downgraded at Wolfe, citing headwinds in front-of-the-meter market

2023-04-06 12:15:26 ET Stem ( NYSE: STEM ) -2.5% to a 52-week low in Thursday's trading as Wolfe Research downgraded the stock to Peer Perform from Outperform, saying the investment case has not played out as hoped. The thesis for Stem ( STEM ) has drifted from targe...

STEM - Stem Announces First Quarter 2023 Earnings Results Conference Call

Stem, Inc. (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, will hold a conference call on Thursday, May 4, 2023, to discuss its financial results for the quarter ended March 31, 2023. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press ...

STEM - Stem stumbles after BofA cuts to Sell equivalent as confidence 'strained'

2023-04-04 11:23:09 ET Stem ( NYSE: STEM ) -7.3% in Monday's trading after Bank of America downgraded the stock to Underperform from Neutral with a $5 price target, cut from $9, seeing the company's latest convertible issuance "weighing on Street confidence given working cap...

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