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CERS - Cerus: Looks Ready To Breakout Following Another Positive Earnings Report
Cerus Corporation
Cerus Corp. (CERS) recently reported their Q4 earnings with a slight miss on EPS and a slight beat on revenue. Cerus finished 2019 with record revenue of $20.9M in Q4 and an annual total of $74.6M; which was at the uppermost end of the company's guidance of $72M-$75M. What is more, the company reported they have shipped roughly 7M transfusable units of INTERCEPT platelets and plasma shipped worldwide. It appears as if Cerus is executing on the commercial strategy and INTERCEPT is continuing to gain traction in the global market. In addition, the