Cerus Corporation (CERS) quietly negotiated through 2018, even though the company consistently upgraded their revenue guidance over the course of the year. Recently, the company announced their preliminary Q4 revenues, and Cerus totaled $16.5M compared to $16.2M during the same period 2017. Cerus anticipates the full-year 2018 product revenue to be $60.9M, which is above their forecasted $60M.
The estimated Q4 product revenue would be the highest quarterly product revenue ever reported for Cerus. In addition, the company projected the 2019 product revenue to be in the range of $70 million to $73M, which would