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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.
Cerus
Cerus
Cerus Revenue by Segment
Cerus Revenue by Geographic Location
Revenue by Segment
Product Revenue
CapyFin.comGovernment Contract Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comOther Revenue
CapyFin.com 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