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Jun 30, 2021
Cerus Q2 2021 Earnings Report
Cerus Corporation announced record financial results and raised full year product revenue guidance.
Key Takeaways
Cerus Corporation reported a 41% increase in total revenue, reaching $37.8 million in Q2 2021, driven by a 46% increase in product revenue to $31.5 million. The company raised its full-year product revenue guidance to $118-122 million.
Total revenue increased by 41% to $37.8 million in the second quarter of 2021.
Product revenue grew by 46% to $31.5 million, led by a 128% increase in North America.
The company is increasing its 2021 annual product revenue guidance to $118 million to $122 million.
Submitted PMA supplement to U.S. FDA for 7-day storage of INTERCEPT platelets.
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 now expects 2021 product revenue to be in the range of $118 million to $122 million.
Positive Outlook
- Strong first half revenue
- Expectations for the second half of 2021
- Product revenue to be in the range of $118 million to $122 million
- Revised guidance range represents approximately 28% to 33% growth compared to 2020 reported product revenue