Tempus AI Inc. (TEM) shares surged 5.36% in the pre-market trading session on Wednesday, following the release of the company's fourth-quarter earnings results and positive guidance for the upcoming year. The healthcare technology company reported a narrower-than-expected loss and strong revenue growth in Q4, fueling investor optimism.
According to the earnings report, Tempus AI posted a loss of $13 million in the fourth quarter, significantly lower than the $50.5 million loss recorded in the same period last year. Revenue for the quarter rose 36% year-over-year to $200.7 million, although it fell slightly short of analysts' expectations.
Additionally, the company provided an upbeat outlook for 2025, forecasting revenue of $1.24 billion, representing a substantial increase from the $693.4 million reported in 2024. This positive guidance, coupled with the strong performance in Q4, has bolstered investor confidence in Tempus AI's growth prospects, driving the pre-market surge in its stock price.
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