Tempus AI Stock Slides Friday: What's Driving the Post-Earnings Reset?
Tempus AI Inc. (NASDAQ: TEM ) shares are trading lower on Friday as traders digest post-earnings reset in expectations. Tempus AI stock is trending lower. Why is TEM stock trading lower? What To Watch After Tempus AI’s Q2 Earnings Tempus reported second-quarter results after Thursday’s close, posting revenue of $382.5 million (up 22% year-over-year) and a loss of 4 cents per share, which beat expectations for a loss of 14 cents. Despite the beat, the stock is slipping as investors focus on the idea that second-quarter revenue growth cooled versus recent quarters and the guidance raise was modest. Tempus also pointed to 31% year-over-year oncology volume growth and said Data Licensing & Modeling revenue rose 36% year-over-year, but traders are still debating how durable that pace is into the back half. Revenue also topped the Street’s $379.7 million consensus, even as the stock r...
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