Cerus Corporation Announces Preliminary Fourth Quarter and Full Year 2019 Product Revenue
Cerus Corporation (CERS)
Last cerus corporation earnings: 2/20 04:01 pm
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US:NASDAQ Investor Relations:
cerus.com/investors/investor-overview/default.aspx
Company Research
Source: Business Wire
Company provides 2020 product revenue guidance range of $89 million to $93 million representing growth of approximately 20% to 25% over preliminary 2019 full year results CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq:CERS) announced today preliminary product revenue for the fourth quarter and full year 2019 and provided 2020 product revenue guidance.Cerus’ unaudited preliminary product revenue for the fourth quarter of 2019 totaled $20.9 million, an increase of 27%, compared to the $16.5 million recognized during the same period in the prior year. Based on its fourth quarter unaudited preliminary product revenue, the Company expects full year 2019 product revenue of $74.6 million, at the top end of the Company’s most recent 2019 product guidance range of $72 million to $75 million. The preliminary product revenue results have not been audited and are subject to change.Preliminary fourth quarter product revenue would represent the highest quarterly product revenue ever
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News
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- Cerus Co. (NASDAQ: CERS) had its price target lowered by analysts at Stifel Nicolaus from $6.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Cerus stock falls 10% post-market amid Intercept RBC update [Seeking Alpha]Seeking Alpha
CERS
Earnings
- 10/30/24 - Beat
CERS
Analyst Actions
- 10/17/24 - Stifel
CERS
Sec Filings
- 10/31/24 - Form 10-Q
- 10/30/24 - Form 8-K
- 10/16/24 - Form 8-K
- CERS's page on the SEC website