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TEM
StockNews.AI
176 days

Tempus Reports Fourth Quarter and Full Year 2024 Results

1. Tempus AI reported 35.8% Q4 revenue growth. Gross profit jumped 49.7%. 2. Ended year with $940M TRCV and 140% net retention. Growth driven by data.

Earnings
-15.05%Current Return
VS
-0.5%S&P 500
$69.5702/24 04:17 PM EDTEvent Start
$59.102/25 10:49 PM EDTLatest Updated
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FAQ

Why Bullish?

The strong acceleration in revenue and gross profit, driven by data and services, signals a robust performance that can positively influence investor sentiment, similar to past tech earnings beats that spurred short-term rallies.

How important is it?

The notable revenue and profit growth metrics along with high contract value boost TEM’s market profile, making this report significant for valuation and investor outlook.

Why Short Term?

Earnings announcements tend to impact stock prices immediately, with investors reacting swiftly to positive financial results, as seen in previous quarterly beats.

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ILMNEXASCRSP
CHICAGO--(BUSINESS WIRE)--Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, today reported financial results for the quarter and year ended December 31, 2024. Year-over-year revenue growth accelerated to 35.8% in the fourth quarter of 2024 Gross profit growth accelerated to 49.7% in the fourth quarter of 2024, led by Data and services Ended the year with $940 million in Total Remaining Contract Value and 140% net reven.

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