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Updated at 3:10 p.m..

Florida GOP Rep. Cliff Stearns conceded defeat the day after coming up short against GOP primary challenger Ted Yoho, who beat the 12-term incumbent in a shocking upset.

"Based upon the results from last night, it would appear that there are not enough provisional ballots to make up the difference for me to win this primary election," Stearns said in a statement. "Therefore, I am conceding the election to Ted Yoho and I talked with him wishing him the best in his effort to represent the wonderful people of north central Florida. I have had an excellent and rewarding experience working in Congress for my fellow Floridians."

With 100 percent of precincts reporting Tuesday night, the large-animal veterinarian led Stearns by 829 votes, but the veteran congressman did not yet admit defeat.

While Stearns outspent his challenger, he clearly did not realize the trouble he was in -- his campaign account still held more than $2 million at the end of July.

Yoho is expected to win in the Republican-leaning district.