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Dec 31, 2019
Cerus Q4 2019 Earnings Report
Announced record fourth quarter and full year financial results.
Key Takeaways
Cerus Corporation announced record fourth quarter product revenue of $20.9 million, a 27% increase compared to the prior year quarter. Total fourth quarter revenue was $26.5 million. The company provided 2020 annual product revenue guidance of $89 million to $93 million.
Total fourth quarter revenue of $26.5 million.
Record fourth quarter product revenue of $20.9 million, a 27% increase compared to the prior year quarter.
Government contract revenue of $5.6 million.
Provided 2020 annual product revenue guidance of $89 million to $93 million, representing an approximately 20% to 25% increase over 2019 reported product revenue.
Cerus
Cerus
Cerus Revenue by Segment
Revenue by Segment
Product Revenue
CapyFin.com Forward Guidance
The Company expects 2020 product revenue to be in the range of $89 million to $93 million. The guidance range represents approximately 20% to 25% growth compared to 2019 reported product revenue.