Tempus AI exceeded sales and earnings expectations in Q2, posting a big sales beat and raising full-year sales targets. The stock surged early in Friday’s trading, up 3.6% at close. Q2 revenue was $314.6 million with an adjusted loss of $0.22 per share, beating Wall Street estimates.

Sales grew 90% YoY, surpassing expectations, with genomics segment driving growth. Full-year revenue outlook raised to $1.26 billion, signaling an 86% increase. EBITDA expected to improve by $110 million. Tempus AI poised for strong results with sales growth and margin improvement.

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Read more at Yahoo Finance: Why Tempus AI Stock Jumped Today