Cerus (CERS) Misses Q1 EPS by 3c

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Cerus Corporation Announces Record First Quarter 2019 Results

May 7, 2019 4:05 PM EDT

CONCORD, Calif.--(BUSINESS WIRE)-- Cerus Corporation (Nasdaq: CERS) today announced financial results for the first quarter ended March 31, 2019.

Recent developments and highlights include:

Total first quarter revenue of $22.0 million Record quarterly product revenue of $17.5 million, a 29% increase compared to the prior year quarter Government contract revenue of $4.5 million Worldwide disposable kit demand increased 35% from the prior year quarter 2019 full year product revenue guidance being raised to range of $71 million to $74 million from... More