Cerus (CERS) Tops Q2 EPS by 1c

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Cerus Corporation Reports Second Quarter 2018 Results

August 2, 2018 4:03 PM EDT

Product revenue increases 62% compared to 2017

Full-year product revenue guidance increased to a range of $56 million to $58 million from $53 million to $55 million

CONCORD, Calif.--(BUSINESS WIRE)-- Cerus Corporation (Nasdaq: CERS) announced today financial results for the second quarter ended June 30, 2018, and raised its full year guidance for product revenue.

Second Quarter Highlights and Recent Events

Second quarter product revenue of $15.4 million, a 62% increase compared to the second quarter of 2017 Year-over-year worldwide disposable kit volumes increased over 70% in the second quarter of 2018... More