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home / news releases / CERS - Cerus up 17% following guidance raise Q3 2021 earnings beat

CERS - Cerus up 17% following guidance raise Q3 2021 earnings beat

Cerus Corporation
Cerus (CERS +17.5%) is up significantly today following the company's  Q3 2021 revenue and EPS beat after the bell yesterday. The company's net loss narrowed year over year from $14.1M, ($0.08 per basic and diluted share) in Q3 2020 to $12.4M ($0.07 per basic and diluted share). Revenue soared 44% YoY to $42.1M. The company ended the quarter with $120M in cash. For guidance, the company now expects 2021 product revenue $127M–$129M, up from $118M-$122M previously. The consensus estimates is ~120.5M.

For further details see:

Cerus up 17% following guidance raise, Q3 2021 earnings beat
Stock Information
Company Name: Cerus Corporation
Stock Symbol: CERS
Market: NASDAQ
Website: cerus.com
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