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.

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.

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.