Stem, Inc. (NYSE:STEM) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET

Company Participants

Ted Durbin - Head of Investor Relations

John Carrington - CEO and Director

Bill Bush - Chief Financial Officer

Larsh Johnson - Chief Technology Officer

Robert Schaefer - President, AlsoEnergy

Prakesh Patel - Chief Strategy Officer

Conference Call Participants

Brian Lee - Goldman Sachs

David Peters - Wolf Research

Joseph Osha - Guggenheim

Brett Castelli - Morningstar

Operator

Good afternoon. And welcome to the Stem, Inc. Q1 2022 Earnings Call. My name is Tamia, and I'll be your moderator for today. All lines will be muted during the presentation portion of the call, but there is an opportunity for questions-and-answers at the end. [Operator Instructions].

It is now my pleasure to pass the conference over to Ted Durbin. Please proceed.

Ted Durbin

Thank you, operator. This is Ted Durbin, Head of Investor Relations at Stem, and we welcome you to our first 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 will briefly review our first quarter 2022 results and highlight some of our key accomplishments during the quarter. Then I will review our solid commercial execution. I will also provide an update on how we're managing the regulatory uncertainty in the current market and our progress in managing the supply chain. Finally, I will discuss how we are accelerating market enablement through technology innovation. I will then hand the call to Bill who will discuss our financial results in more detail and provide color on our 2022 guidance and operating leverage.