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Stock impact report

Cerus Corporation Announces First Quarter 2024 Financial Results [Yahoo! Finance]

Cerus Corporation (CERS) 
Last cerus corporation earnings: 2/20 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
CONCORD, Calif., May 02, 2024 BUSINESS WIRE )--Cerus Corporation (Nasdaq: CERS) today announced financial results for the first quarter ended March 31, 2024. Recent highlights include: First-quarter 2024 total revenue was comprised of ( in thousands, except %) Three Months Ended March 31, Change Product Revenue Government Contract Revenue Total Revenue U.S. ReCePI Phase 3 clinical trial successfully met primary endpoint for INTERCEPT Blood System for Red Blood Cells in cardiovascular surgery patients. Received FDA approval of extended shelf life for INTERCEPT Platelet Processing Sets to 12 months, doubling the previous shelf life. Advanced the LED illuminator program towards the Company's target commercial launch in the EU in 2025. Cash and cash equivalents and short-term investments were $72.2 million at March 31, 2024. The Company is reiterating its full-year 2024 annual product revenue guidance range of $172 million to $175 million. Included in this range Show less Read more
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