WASHINGTON (dpa-AFX) - Stem Inc. (STEM) Thursday reported fourth-quarter loss of $35 million, compared to loss of $34 million in the same period last year.
For the quarter, the loss widened driven by higher personnel costs, including increases in stock-based compensation of $2.7 million in fourth quarter.
Quarterly revenues soared to 194% $156 million from $53 million in the prior-year period.
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