Margin ImprovementSTEM's revenue mix is expected to shift towards a software-only model, with adjusted gross margins scaling from approximately 26% to 60% by 2027.
Revenue PredictabilityThe company provided further insight into its software and services strategy, which should improve profitability and make revenue more predictable over time.
Software Business GrowthARR increase by more than $3mn, highlighting incremental improvement to software business.