Stem, Inc. (STEM) Tops Q3 EPS by 21c

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Stem Announces Third Quarter 2021 Financial Results

November 9, 2021 4:26 PM EST

Company achieves record revenue, gross margin, backlog, pipeline and AUM

Continued expansion of Athena® platform drives strong momentum into 2022

SAN FRANCISCO--(BUSINESS WIRE)-- Stem, Inc. ("Stem" or the "Company") (NYSE: STEM), a global leader in artificial intelligence (AI)-driven energy storage services, announced today its financial results for the third quarter ended September 30, 2021.

Third Quarter 2021 Financial and Operating Highlights

Financial Highlights

Record revenues of $39.8 million, up from $9.2 million (+334%) in the same quarter last... More