Tempus: Overview of Fourth Quarter Financial Results

Tempus AI Inc. Reports Fourth Quarter Financial Results

Tempus AI Inc., headquartered in Chicago, announced on Tuesday that it recorded a net loss of $54.2 million for the fourth quarter.

The company reported a per-share loss of 30 cents during this period. When excluding certain one-time items, the adjusted loss narrowed to 4 cents per share.

These figures fell short of analyst expectations, as a consensus of five analysts surveyed by Zacks Investment Research had anticipated a loss of just 2 cents per share.

During the quarter, the health technology firm generated $367.2 million in revenue.

For the full year, Tempus AI posted a total loss of $245 million, or $1.41 per share, with annual revenue reaching $1.27 billion.

Looking ahead, the company projects its revenue for the upcoming year will total approximately $1.59 billion.