Cerus Corporation Announces Record Fourth Quarter and Full Year 2019 Financial Results
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Cerus (CERS) Misses Q4 EPS by 1c, Revenues Beat
February 20, 2020 4:02 PM ESTCerus (NASDAQ: CERS) reported Q4 EPS of ($0.12), $0.01 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $26.5 million versus the consensus estimate of $25.3 million.
Recent developments and highlights include:
Total fourth quarter revenue of $26.5 million.Record fourth quarter product revenue of $20.9 million, a 27% increase compared to the prior year quarter.Government contract revenue of $5.6 million.Continued increase in worldwide demand for INTERCEPT kits during the fourth quarter with the calculated number of treatable platelet... More