CHICAGO (AP) — CHICAGO (AP) — Tempus AI Inc. (TEM) on Monday reported a loss of $75.8 million in its third quarter.
On a per-share basis, the Chicago-based company said it had a loss of 46 cents. Losses, adjusted for one-time gains and costs, came to 25 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The health care technology company posted revenue of $180.9 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $177.8 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TEM at https://www.zacks.com/ap/TEM
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.