Cerus Corporation (CERS)

NASDAQ: CERS · Real-Time Price · USD
1.660
-0.020 (-1.19%)
At close: Nov 20, 2024, 4:00 PM
1.670
+0.010 (0.60%)
After-hours: Nov 20, 2024, 7:15 PM EST
-1.19%
Market Cap 308.29M
Revenue (ttm) 176.23M
Net Income (ttm) -19.73M
Shares Out 185.72M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 752,247
Open 1.660
Previous Close 1.680
Day's Range 1.630 - 1.695
52-Week Range 1.380 - 2.590
Beta 1.20
Analysts Buy
Price Target 3.17 (+90.96%)
Earnings Date Oct 30, 2024

About CERS

Cerus Corporation operates as a biomedical products company. The company focuses on developing and commercializing the INTERCEPT Blood System to enhance blood safety. Its INTERCEPT Blood System, a proprietary technology for controlling biological replication that is designed to reduce blood-borne pathogens in donated blood components intended for transfusion. The company offers INTERCEPT Blood Systems for platelets and plasma, which is designed to inactivate blood-borne pathogens in platelets and plasma donated for transfusion; INTERCEPT Blood ... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jan 30, 1997
Employees 637
Stock Exchange NASDAQ
Ticker Symbol CERS
Full Company Profile

Financial Performance

In 2023, Cerus's revenue was $156.37 million, a decrease of -3.51% compared to the previous year's $162.05 million. Losses were -$37.49 million, -12.37% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CERS stock is "Buy." The 12-month stock price forecast is $3.17, which is an increase of 90.96% from the latest price.

Price Target
$3.17
(90.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cerus Corporation to Participate in Upcoming Investor Conferences

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) announced management participation in two upcoming investor conferences. Management plans to participate in the Stifel 2024 Healthcar...

7 days ago - Business Wire

Cerus Corporation (CERS) Q3 2024 Earnings Call Transcript

Cerus Corporation (NASDAQ:CERS) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Jessica Hanover - VP, Corporate Affairs Obi Greenman - President & CEO Vivek Jayarama...

21 days ago - Seeking Alpha

Cerus Corporation Announces Third Quarter 2024 Financial Results

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) today announced financial results for its third quarter and nine months ended September 30, 2024. Total revenue for the three and nin...

21 days ago - Business Wire

Cerus Corporation to Release Third Quarter 2024 Financial Results on October 30, 2024

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) announced today that its third quarter 2024 financial results will be released on Wednesday, October 30, 2024, after the close of the...

4 weeks ago - Business Wire

Cerus Corporation Announces Workshop and Abstracts at the 2024 AABB Annual Meeting

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) today announced a selection of abstracts to be presented at the 2024 Association for the Advancement of Blood & Biotherapies (AABB) A...

4 weeks ago - Business Wire

Cerus Corporation Provides Updates on INTERCEPT Red Blood Cell Programs in the U.S. and Europe

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq:CERS) today announced updates on the INTERCEPT red blood cell (RBC) programs in the U.S. and in Europe: U.S. – New $248 million BARDA contra...

5 weeks ago - Business Wire

Cerus Corporation (CERS) Q2 2024 Earnings Call Transcript

Cerus Corporation (NASDAQ:CERS) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Jessica Hanover - VP, Corporate Affairs Obi Greenman - President & CEO Vivek Jayaraman ...

3 months ago - Seeking Alpha

Cerus Corporation Announces Second Quarter 2024 Financial Results and Increases Full-Year 2024 Product Revenue Guidance Range

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) today announced financial results for its second quarter and six months ended June 30, 2024. Total revenue for the three and six mont...

3 months ago - Business Wire

Cerus Corporation to Release Second Quarter 2024 Financial Results on August 1, 2024

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) announced today that its second quarter 2024 financial results will be released on Thursday, August 1, 2024, after the close of the s...

4 months ago - Business Wire

Cerus Corporation Announces Appointment of Dean Gregory to Board of Directors

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) today announced the appointment of Dean Gregory to its Board of Directors. Mr. Gregory has a 30+-year career as a leader in the globa...

5 months ago - Business Wire

Cerus Corporation Announces Symposium and Abstracts at the 38th International Congress of the International Society of Blood Transfusion

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq:CERS) today announced a lunch symposium and selection of abstracts at the 38th International Congress of the International Society of Blood ...

5 months ago - Business Wire

Cerus Corporation Celebrates World Blood Donor Day 2024

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) is proud to announce its celebration of World Blood Donor Day 2024. In 2005, the World Health Assembly designated June 14 as World Bl...

5 months ago - Business Wire

Cerus Corporation to Participate in 21st Annual Craig-Hallum Institutional Investor Conference

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) announced today that Kevin Green, Cerus' chief financial officer, is scheduled to participate at the 21st Annual Craig-Hallum Institu...

6 months ago - Business Wire

Cerus Corporation (CERS) Q1 2024 Earnings Call Transcript

Cerus Corporation (NASDAQ:CERS) Q1 2024 Results Conference Call May 2, 2024 4:30 PM ET Company Participants Jessica Hanover - Vice President of Corporate Affairs Obi Greenman - President and Chief Ex...

7 months ago - Seeking Alpha

Cerus Corporation Announces First Quarter 2024 Financial Results

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) today announced financial results for the first quarter ended March 31, 2024. Recent highlights include: First-quarter 2024 total rev...

7 months ago - Business Wire

Cerus Corporation to Release First Quarter 2024 Financial Results on May 2, 2024

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) announced today that its first quarter 2024 financial results will be released on Thursday, May 2, 2024, after the close of the stock...

7 months ago - Business Wire

Cerus Corporation Announces FDA Approval of Extended Shelf Life for INTERCEPT Platelet Processing Sets – Doubling Previous Shelf Life

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) today announced that the U.S. Food and Drug Administration (FDA) has granted approval of 12-month shelf life for INTERCEPT Platelet P...

8 months ago - Business Wire

Cerus Corporation Announces Positive Topline Results for the Phase 3 Clinical Trial of the INTERCEPT Blood System for Red Blood Cells in Cardiovascular Surgery Patients

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) today announced positive topline results for ReCePI, a pivotal Phase 3 clinical trial of pathogen reduced INTERCEPT Red Blood Cells (...

8 months ago - Business Wire

Cerus Corporation (CERS) Q4 2023 Earnings Call Transcript

Cerus Corporation (NASDAQ:CERS) Q4 2023 Earnings Conference Call March 5, 2024 4:30 PM ET Company Participants Jessica Hanover - Vice President of Corporate Affairs Obi Greenman - President and Chief...

9 months ago - Seeking Alpha

Cerus Corporation Announces Fourth Quarter and Full-Year 2023 Financial Results

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) today announced financial results for the fourth quarter and full year ended December 31, 2023. Recent highlights include: Fourth-qua...

9 months ago - Business Wire

Cerus Corporation to Release Fourth Quarter and Full-Year 2023 Financial Results on March 5, 2024

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) announced today that its fourth quarter and full-year 2023 financial results will be released on Tuesday, March 5, 2024, after the cl...

9 months ago - Business Wire

Cerus Corporation Announces Preliminary Fourth Quarter and Full-Year 2023 Product Revenue and Provides Business Update

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) today announced preliminary product revenue for the fourth quarter and full-year 2023 and provided product revenue guidance for full-...

11 months ago - Business Wire

Cerus Corporation (CERS) Q3 2023 Earnings Call Transcript

Cerus Corporation (NASDAQ:CERS) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Jessica Hanover - Vice President of Corporate Affairs Obi Greenman - President & Chie...

1 year ago - Seeking Alpha

Cerus Corporation Announces Third Quarter 2023 Financial Results

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) today announced financial results for the third quarter ended September 30, 2023. Recent highlights include: Third quarter 2023 total...

1 year ago - Business Wire

Bloodbuy Announces Agreement with Cerus Corporation to Offer Pathogen Reduced Cryoprecipitated Fibrinogen Complex on its Digital Marketplace

DALLAS--(BUSINESS WIRE)--Bloodbuy, a healthcare software and services company focused on developing cloud-based technologies that transform how biological products are managed and disseminated, today ...

1 year ago - Business Wire