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0.0702466437714643 0.064939119575398 0.00280986575085861 0.03278176709335 0.0302841086481423 0.0365282547611614 0.0280986575085857 0.0271776459569155
Stock impact report

Stem Announces New Software and Services-Centric Strategy to Drive Scalable Growth and Profitability

Stem, Inc. Class A (STEM) 
US:NASDAQ Investor Relations: investor.stemcellsinc.com
Company Research Source: Business Wire
Refined go-to-market strategy and leadership structure emphasizing software and services; expanding energy consulting offeringsActions expected to drive more scalable, recurring, and profitable revenue streams with improved working capital and cash flow profileCompany to provide additional details on strategy roadmap on third quarter 2024 earnings call SAN FRANCISCO--(BUSINESS WIRE)--Stem, Inc. (NYSE: STEM) (the “Company,” Stem” or “we”), a global leader in artificial intelligence (AI)-enabled clean energy software and services, today announced the outcome of its previously announced review of the Company’s strategy led by the Board’s Software Strategy Working Group, which worked closely with the Stem management team. The Company expects its new strategic priorities will drive more predictable recurring revenue at significantly higher gross margins than the Company has previously realized and will enable more scalable growth.“We are pleased to introduce Stem’s new strategy, which m Show less Read more
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