Cerus Corp (CERS) Misses Q1 EPS by 10c, Comments on Outlook

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Cerus Corp (CERS) Enters INTERCEPT Blood System Agreement w/ Karolinska University Hospital

February 27, 2015 8:40 AM EST

Cerus Corp (NASDAQ: CERS) announced that the Karolinska University Hospital (KUH) in Stockholm, has signed a three-year agreement to purchase the INTERCEPT Blood System for platelets. In addition to the three-year base term, the agreement allows for automatic annual extensions for an additional two years. KUH is Swedens largest platelet supplier and one of the largest University Hospitals in Europe, producing over 10,000 platelet units, or 20% of Swedens platelet... More

Cerus (CERS) PT Lowered to $6.50 at Wedbush Post Q4; 'Outperform' Maintained

February 27, 2015 7:16 AM EST

Wedbush analyst Zarak Khurshid trimmed its price target on Cerus (NASDAQ: CERS) to $6.50 (from $7.50) but maintained an Outperform rating following results.

Khurshid notes, "Adjusted EPS loss roughly in-line. CERS reported 4Q14 sales of $9.7 MM and adjusted EPS loss of ($0.16), missing our $10.4 MM... More