Cerus: 2Q Earnings Snapshot
Posted Aug 4, 2020 2:09 pm.
Last Updated Aug 4, 2020 2:14 pm.
This article is more than 5 years old.
CONCORD, Calif. (AP) _ Cerus Corp. (CERS) on Tuesday reported a loss of $14.9 million in its second quarter.
On a per-share basis, the Concord, California-based company said it had a loss of 9 cents.
The biomedical products company posted revenue of $21.5 million in the period.
Cerus expects full-year revenue in the range of $89 million to $93 million.
Cerus shares have risen 76% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.45, a rise of 48% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CERS at https://www.zacks.com/ap/CERS
The Associated Press
