Cerus (CERS) Tops Q3 EPS by 21c

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Cerus Corporation Reports Third Quarter 2018 Results

November 1, 2018 4:01 PM EDT

Product revenue increases 43% compared to 2017

CONCORD, Calif.--(BUSINESS WIRE)-- Cerus Corporation (Nasdaq: CERS) announced today financial results for the third quarter ended September 30, 2018.

Third Quarter Highlights and Recent Events

Third quarter product revenue of $15.4 million, a 43% increase compared to the third quarter of 2017 Year-over-year worldwide disposable kit volumes increased 85% in the third quarter of 2018 2018 product revenue guidance revised upwards to a range of $58 million to $60 million, representing an increase of 33% to 38%... More