earnings
confidence high
sentiment neutral
materiality 0.80
Tempus Q2 revenue $166M, up 25% YoY; guides FY2024 revenue ~$700M
Tempus AI, Inc.
2024-Q2 EPS reported
-$9.02
revenue$311,789,000
- Revenue $166.0M (+25% YoY); data licensing grew 40% YoY; genomics revenue $112.3M (+22.2%).
- Net loss ($552.2M) largely from $493.1M stock compensation and payroll taxes tied to IPO.
- Adjusted EBITDA ($31.2M), improved $12.7M QoQ from Q1; Non-GAAP genomics margin 49.4% (+50bps).
- FY2024 revenue guidance ~$700M (~32% growth); adjusted EBITDA guided at ~($105M), improvement of ~$50M.
- Launched MRD assays, JV with SoftBank for Japan, FDA 510(k) for ECG-AF device, CMS ADLT status for xT CDx.