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Why Nancy Pelosi-Owned Tempus AI Stock Is Down After Q2 Earnings

Tempus AI (NASDAQ: TEM ) reported second-quarter financial results Thursday after market close. Here are the key highlights. • Tempus AI stock is facing resistance. Why are TEM shares declining? Tempus AI Q2 Earnings Tempus AI revenue was $382.5 million in the second quarter, up 22% year-over-year. The revenue total beat a Street consensus estimate of $379.7 million, according to data Pro. Revenue for the Diagnostics segment was $289.3 million, up 20% year-over-year. Data and Applications revenue was $93.2 million in the quarter, up 28% year-over-year. The company reported a loss of four cents per share in the quarter, beating a Street consensus estimate of a loss of 14 cents per share. Oncology volume growth was up 31% year-over-year in the quarter. Data Licensing & Modeling revenue was up 36% year-over-year in the quarter. The company said it signed around $200 million in new data a...

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