CHICAGO (AP) 鈥� CHICAGO (AP) 鈥� Tempus AI Inc. (TEM) on Tuesday reported a loss of $125.9 million in its first quarter.
The Chicago-based company said it had a loss of 71 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 13 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.
The health care technology company posted revenue of $348.1 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $345.5 million.
Tempus expects full-year revenue in the range of $1.59 billion to $1.6 billion.
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