Cerus (CERS) Reports In-Line Q1 EPS

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Cerus Corporation Announces First Quarter 2020 Results

May 5, 2020 4:01 PM EDT

CONCORD, Calif.--(BUSINESS WIRE)-- Cerus Corporation (Nasdaq: CERS) today announced financial results for the first quarter ended March 31, 2020.

Recent developments and highlights include:

Total first quarter 2020 revenue of $24.6 million Quarterly product revenue of $18.6 million, a 6% increase compared to the prior year quarter Global demand for INTERCEPT kits grew during the first quarter with the calculated number of treatable platelet doses up 14% compared to the same period in 2019 Government contract revenue of $6.0 million Reaffirming 2020 full year product revenue guidance range of $89 million to... More