Stem: Q1 Earnings Insights

Stem STEM reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Stem missed estimated earnings by 20.83%, reporting an EPS of $-0.29 versus an estimate of $-0.24.

Revenue was up $26.32 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 14.78% drop in the share price the next day.

Here's a look at Stem's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.20 -0.17 -0.18 -0.08
EPS Actual -0.23 -0.22 -0.21 -0.15
Revenue Estimate 166.43M 84.27M 56.79M 28.94M
Revenue Actual 155.44M 99.50M 66.95M 41.09M

To track all earnings releases for Stem visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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