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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.
Revenue by Segment
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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