Mercom Insider

Stem Reports First-Ever Positive Quarterly EBITDA in Q4 as Sales Surge

The contracted backlog at the end of Q4 2023 was up 99% YoY to $1.93 billion

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Smart energy storage company Stem’s fourth quarter (Q4) net loss widened by 6.8% to $37.7 million from the net loss of 35.3 million in Q4 2022.

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