Stem, Inc. (STEM) Misses Q1 EPS by 5c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/15/2026

1. CRWV
2. NVDA
3. SPY
4. BAC
5. BLK
6. CAT
7. AA
8. RKLB
9. RXRX
10. NOW

Go back to Stem, Inc. (STEM) Misses Q1 EPS by 5c

Stem Announces First Quarter 2023 Results

May 4, 2023 4:05 PM EDT

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 Mackenzie

First Quarter 2023 Financial and Operating Highlights

Financial Highlights

Record Q1 revenue of $67 million, up from $41 million (+63%) in Q1 2022 GAAP gross margin of 1%, down from 9% in Q1 2022 Non-GAAP gross margin of 19%, up from 16% in Q1... More