Tempus AI Reports Strong Q4 2024 Results, Showcasing Growth in AI-Driven Healthcare
2 Sources
2 Sources
[1]
Tempus AI, Inc. (TEM) Q4 2024 Earnings Call Transcript
Tempus AI, Inc. (NASDAQ:TEM) Q4 2024 Earnings Conference Call February 24, 2025 4:30 PM ET Company Participants Liz Krutoholow - Investor Relations Eric Lefkofsky - Founder & Chief Executive Officer Jim Rogers - Chief Financial Officer Conference Call Participants Tejas Savant - Morgan Stanley Mike Ryskin - Bank of America Dan Brennan - TD Cowen Subbu Nambi - Guggenheim Doug Schenkel - Wolfe Research Andrew Brackmann - William Blair Mark Schappel - Loop Capital Dan Arias - Stifel David Westenberg - Piper Sandler Operator Thank you for standing by. My name is Jason, and I will be your conference operator for today. At this time, I would like to welcome everyone to the Fourth Quarter 2024 Financial Results Conference Call. [Operator Instructions] I will now turn the call over to Liz Krutoholow. Please go ahead. Liz Krutoholow Thank you, Jason. Good afternoon and welcome to Tempus' Fourth Quarter 2024 Conference Call. This afternoon Tempus released results for the quarter and year ended December 31, 2024. Joining me today from Tempus are, Eric Lefkofsky, Founder and CEO of Tempus; and Jim Rogers, CFO. Before we begin I would like to remind you that during this call management may make forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. For a discussion of these risks, please visit our 10-K filed today February 24, 2025, as well as any future reports that we file with the SEC. During the call we will discuss non-GAAP financial measures, which are not prepared in accordance with generally accepted accounting principles. Definitions of these non-GAAP financial measures along with reconciliations to the most directly comparable GAAP financial measures are included in our fourth quarter earnings release, which has been furnished to the SEC and is available on our website at investors.tempus.com.
[2]
Tempus AI, Inc. 2024 Q4 - Results - Earnings Call Presentation (NASDAQ:TEM)
The following slide deck was published by Tempus AI, Inc. in conjunction with their 2024 Q4 earnings call. Seeking Alpha's transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Share
Copy Link
Tempus AI, Inc. (NASDAQ:TEM) released its Q4 2024 financial results, demonstrating significant progress in AI-powered healthcare solutions. The earnings call highlighted the company's achievements and future strategies.
Tempus AI Reports Strong Q4 2024 Performance
Tempus AI, Inc. (NASDAQ:TEM), a leader in AI-driven healthcare solutions, has announced its financial results for the fourth quarter and full year ended December 31, 2024. The company held its earnings conference call on February 24, 2025, to discuss the results and provide insights into its operations and future strategies 1.
Key Participants and Financial Highlights
The earnings call featured key company executives, including Eric Lefkofsky, Founder and CEO, and Jim Rogers, CFO. The call was moderated by Liz Krutoholow from Investor Relations 1. While specific financial figures were not provided in the available transcript, the tone of the call suggested positive results and growth for Tempus AI in the fourth quarter of 2024.
AI-Powered Healthcare Advancements
Tempus AI has been at the forefront of integrating artificial intelligence into healthcare solutions. The company's focus on AI-driven technologies has likely contributed to its strong performance in Q4 2024. Tempus AI's platforms are designed to analyze vast amounts of clinical and molecular data to provide personalized patient care and advance precision medicine 2.
Market Position and Investor Interest
The presence of analysts from major financial institutions such as Morgan Stanley, Bank of America, TD Cowen, and Guggenheim on the call indicates significant market interest in Tempus AI's performance and future prospects 1. This level of attention from the investment community suggests that Tempus AI is considered a key player in the AI healthcare sector.
Forward-Looking Statements and Non-GAAP Measures
During the call, management likely made forward-looking statements about the company's future performance and strategies. Investors were reminded that these statements are subject to risks and uncertainties that could cause actual results to differ from projections 1. The company also discussed non-GAAP financial measures, which are not prepared in accordance with generally accepted accounting principles but are used to provide additional insights into the company's financial performance 1.
Investor Relations and Transparency
Tempus AI demonstrated its commitment to transparency by making its earnings release and reconciliations of non-GAAP financial measures available on its investor relations website at investors.tempus.com 1. This practice aligns with industry standards for public companies and helps maintain investor confidence.
Future Outlook and Strategic Direction
While specific details of the company's future plans were not provided in the available transcript, it is likely that Tempus AI discussed its strategic direction for leveraging AI in healthcare, potential new product developments, and expansion plans during the call. The company's continued focus on AI-driven healthcare solutions positions it well in the rapidly evolving healthcare technology landscape 2.
Summarized by
Navi
[1]
NVIDIA Unveils Major GeForce NOW Upgrade with RTX 5080 Performance and Expanded Game Library
NVIDIA announces significant upgrades to its GeForce NOW cloud gaming service, including RTX 5080-class performance, improved streaming quality, and an expanded game library, set to launch in September 2025.
10 Sources
Technology
23 hrs ago
10 Sources
Technology
23 hrs ago
Nvidia Develops New AI Chip for China Amid Geopolitical Tensions
Nvidia is reportedly developing a new AI chip, the B30A, based on its latest Blackwell architecture for the Chinese market. This chip is expected to outperform the currently allowed H20 model, raising questions about U.S. regulatory approval and the ongoing tech trade tensions between the U.S. and China.
11 Sources
Technology
23 hrs ago
11 Sources
Technology
23 hrs ago
SoftBank's $2 Billion Investment in Intel: A Strategic Move in the AI Chip Race
SoftBank Group has agreed to invest $2 billion in Intel, buying common stock at $23 per share. This strategic investment comes as Intel undergoes a major restructuring under new CEO Lip-Bu Tan, aiming to regain its competitive edge in the semiconductor industry, particularly in AI chips.
18 Sources
Business
16 hrs ago
18 Sources
Business
16 hrs ago
Databricks Secures $100 Billion Valuation in Latest Funding Round, Highlighting AI Sector's Rapid Growth
Databricks, a data analytics firm, is set to raise its valuation to over $100 billion in a new funding round, showcasing the strong investor interest in AI startups. The company plans to use the funds for AI acquisitions and product development.
7 Sources
Business
7 hrs ago
7 Sources
Business
7 hrs ago
OpenAI Launches Affordable ChatGPT Go Plan in India, Eyeing Global Expansion
OpenAI introduces ChatGPT Go, a new subscription plan priced at ₹399 ($4.60) per month exclusively for Indian users, offering enhanced features and affordability to capture a larger market share.
15 Sources
Technology
16 hrs ago
15 Sources
Technology
16 hrs ago
Your Daily Dose of Curated AI News
Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.
