Cerus (CERS) Misses Q4 EPS by 1c

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Cerus Corporation Announces Record Fourth Quarter and Full Year 2018 Results

February 26, 2019 4:02 PM EST

CONCORD, Calif.--(BUSINESS WIRE)-- Cerus Corporation (Nasdaq: CERS) today announced complete financial results for the fourth quarter and year ended December 31, 2018.

Recent developments and highlights include:

Record fourth quarter product revenue of $16.5 million. Provided 2019 annual product revenue guidance of $70 million to $73 million, representing a 15% to 20% increase over 2018 reported product revenue. Filed CE Mark registration for the Companys INTERCEPT Blood System for red blood cells (RBCs). Initiated enrollment in ReCePI, Cerus U.S.... More