CHICAGO (AP) — CHICAGO (AP) — Tempus AI Inc. (TEM) on Tuesday reported a loss of $68 million in its first quarter.
On a per-share basis, the Chicago-based company said it had a loss of 40 cents. Losses, adjusted for one-time gains and costs, came to 24 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The health care technology company posted revenue of $255.7 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $248.1 million.
Tempus expects full-year revenue of $1.25 billion.
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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
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