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Mar 31, 2023
Cerus Q1 2023 Earnings Report
Announced first quarter 2023 financial results, reiterating full-year 2023 product revenue guidance range of $165-170 million.
Key Takeaways
Cerus Corporation reported a total revenue of $38.5 million for Q1 2023, which includes product revenue of $31.0 million and government contract revenue of $7.5 million. The company is reiterating its full-year 2023 annual product revenue guidance range of $165 million to $170 million.
Total revenue for Q1 2023 was $38.5 million.
Product revenue for Q1 2023 was $31.0 million, a decrease compared to the prior year period.
Government contract revenue for Q1 2023 was $7.5 million, an increase compared to the prior year period.
The Company is reiterating its full-year 2023 annual product revenue guidance range of $165 million to $170 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The Company expects full-year 2023 product revenue will be in the range of $165-$170 million, underscoring a return to growth with the short-term customer inventory drawdown largely complete.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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