Cerus (CERS) Misses Q1 EPS by 1c; Raises Product Revenue Guidance

Cerus (NASDAQ: CERS) reported Q1 EPS of ($0.10), $0.01 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $29.6 million versus the consensus estimate of $28.18 million.

GUIDANCE:

Increasing 2021 annual product revenue guidance range to $110 million to $114 million (from prior guidance of $106 million to $110 million), representing an approximately 20% to 24% increase over full year 2020 reported product revenue.

For earnings history and earnings-related data on Cerus (CERS) click here.

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