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0.00203665987780036 0 0 -0.00407331975560073 -0.010183299389002 -0.020366598778004 -0.0325865580448065 -0.0305498981670062
Stock impact report

Cerus Corp (CERS) Posts Narrowed Q4 Net Loss and Achieves Adjusted EBITDA Breakeven [Yahoo! Finance]

Cerus Corporation (CERS) 
Last cerus corporation earnings: 2/20 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Net Loss Improvement : Q4 net loss narrowed to $1.3 million, a significant improvement from the $13.6 million loss in the same quarter last year. Adjusted EBITDA : Achieved a positive adjusted EBITDA of $4.7 million in Q4, compared to a negative $3.7 million in Q4 of the previous year. Full-Year Revenue Guidance : Cerus Corp reiterates its 2024 product revenue guidance range of $172-175 million. Operating Expenses : Q4 operating expenses decreased by 24% year-over-year, reflecting the impact of the June 2023 restructuring initiative. Cash Position : Cash and cash equivalents and short-term investments stood at $65.9 million at the end of 2023. Warning! GuruFocus has detected 6 Warning Signs with CERS. On March 5, 2024, Cerus Corp ( NASDAQ:CERS ) released its 8-K filing , detailing the financial results for the fourth quarter and the full year ended December 31, 2023. The company, known for its INTERCEPT Blood System designed to ensure blood transfusion safety, reported a Show less Read more
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