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Tempus AI, Inc (TEM) Reports Q2 Loss of $6.86; offers guidance

August 7, 2024 5:02 AM

Tempus AI, Inc (NASDAQ: TEM) reported Q2 EPS of ($6.86), versus ($3.33) reported last year. Revenue for the quarter came in at $165.97 million versus the consensus estimate of $160.3 million.

GUIDANCE

Tempus expects full year 2024 revenue of approximately $700 million versus the consensus of $690.5 million, which represents approximately 32% year-over-year growth. The Company expects approximately ($105 million) in adjusted EBITDA, an improvement of approximately $50 million over 2023.

For earnings history and earnings-related data on Tempus AI, Inc (TEM) click here.

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Earnings