Stem, Inc. (NYSE:STEM) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET

Company Participants

Ted Durbin - Head of Investor Relations

John Carrington - CEO

Bill Bush - CFO

Larsh Johnson - Chief Technology Officer

Robert Schaefer - President, AlsoEnergy

Prakesh Patel - Chief Strategy Officer

Conference Call Participants

David Peters - Wolf Research

Brian Lee - Goldman Sachs

Mohit Manrai - Credit Suisse

Biju Perincheril - Susquehanna

Operator

Welcome to the Stem, Incorporated Second Quarter 2022 Earnings Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. [Operator instructions]

I'd now like to turn the conference over to Ted Durbin, Head of Investor Relations. Please go ahead.

Ted Durbin

Thank you, operator. This is Ted Durbin, Head of Investor Relations at Stem, and we welcome you to our second quarter 2022 earnings call.

Before we begin, please note that some of the statements we will be making today are forward-looking. These matters involve risks and uncertainties that could cause our results to differ materially from those projected in these statements. We therefore refer you to our latest SEC filings.

Our comments today also include non-GAAP financial measures. Additional details and reconciliations to the most directly comparable GAAP financial measures can be found in our earnings release. We will be using a slide presentation today. Our earnings release and presentation are on the Investor Relations portion of our website at www.stem.com.

John Carrington, our CEO; and Bill Bush, CFO, will start the call today with prepared remarks. Larsh Johnson, Chief Technology Officer; Bob Schaefer, President of AlsoEnergy; and Prakesh Patel, Chief Strategy Officer will also be available for the question-and-answer portion of the call.

And now, I will turn the call over to John.

John Carrington

Thanks, Ted. Starting with Slide 3 in the agenda for our call today, I'll review the second quarter 2022 results and highlights, including our increased guidance. Then I'll review our solid commercial execution and discuss how we are expanding the markets we serve. I'll share our initial views on the Inflation Reduction Act and provide an update on how we're managing our supply chain. Finally, I'll talk about how we are accelerating market enablement through technology innovation. Following my remarks, I'll turn the call over to Bill who will discuss our financial results in more detail and provide further color or revised 2022 guidance.