Tempus AI Inc. (NASDAQ: TEM) shares are trending on Wednesday.
Take a look at the existing cost TEM of stock here.
Shares of the health care innovation business dropped 6.02% to $79.40 in after-hours trading on Tuesday following its third-quarter revenues report.
Third-Quarter Outcomes Beat Street Expectations
Tempus AI reported profits of $334.21 million, topping expert price quotes of $328.73 million and marking an 84.7% boost from a year previously.
See Likewise: Kratos Defense Stock Falls On Q3 Profits: The Information
The loss price quote of 17 cents was gone beyond by the adjusted loss per share of 11 cents. Compared to a $21.8 million loss the previous year, changed revenues before interest, taxes, devaluation, and amortization (EBITDA) turned favorable at $1.5 million.
Assistance Raised For Complete Year
For financial 2025, Tempus anticipates a little favorable changed EBITDA and raised its full-year profits projection to $1.265 billion, representing 80% development.
Stock Efficiency
The Illinois-based business has actually acquired 146.69% year-to-date however slipped 9.23% over the previous month.
With a 52-week series of $31.36 to $104.32, Tempus AI has a market capitalization of $14.68 billion.
Cost Action: On Tuesday, TEM closed at $84.49, down 4.76%, according to Benzinga Pro information.
With a strong Momentum in the 90th percentile, Benzinga’s Edge Stock Rankings show that TEM has a favorable cost pattern throughout perpetuity frames. Know how its momentum lines up with other popular names.
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Disclaimer: This material was partly produced with the assistance of AI tools and was evaluated and released by Benzinga editors.
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