Stem, Inc. (STEM) Misses Q2 EPS by 9c
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Stem Announces Second Quarter 2023 Results
August 3, 2023 4:05 PM EDTStrong Second Quarter Revenue of $93 million, Above Midpoint of Guidance Range
Ameresco (313 MWh) and Hungary (304 MW) Projects Highlight FTM Momentum
Technology Leadership Further Recognized By Third-Party Awards
Reaffirm Full-Year 2023 Financial and Operating Guidance
Second Quarter 2023 Financial and Operating Highlights
Financial Highlights
Revenue of $93.0 million, up from $66.9 million (+39%) in Q2 2022 GAAP gross margin of 13%, up from 12% in Q2 2022 Non-GAAP gross margin of 18%, up from 17% in Q2 2022 Net income of $19.1 million versus net loss of $32.0 million in Q2... More