---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-037123"
form_type: "8-K"
ticker: "CERS"
cik: "0001020214"
company_name: "CERUS CORP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T10:59:08.374278+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cerus Q2 net loss $13.3M, cuts FY product revenue guidance to $160-165M

## Summary
- Q2 total revenue $47.7M (product $38.9M, govt $8.9M); net loss $13.3M ($0.07/sh) vs $8.4M loss a year ago.
- Full-year 2023 product revenue guidance lowered to $160-165M from $165-170M due to U.S. shelf-life, Europe collections, Russia sanctions.
- Recorded $2.1M restructuring charge; expects $10M annual operating expense savings from headcount and real estate reductions.
- Non-GAAP adjusted EBITDA negative $4.7M vs negative $2.4M in Q2 2022; cash and investments $84.5M.
- INTERCEPT RBC CE Mark decision expected H2 2024; U.S. Phase 3 ReCePI data readout Q1 2024; DoD awarded additional $8.7M for LyoIFC.

## SEC filing metadata
- accession: 0000950170-23-037123
- form_type: 8-K
- ticker: CERS
- cik: 0001020214
- company_name: CERUS CORP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1020214/000095017023037123/0000950170-23-037123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1020214/000095017023037123/cers-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037123
- JSON: https://secwatch.observer/filing/0000950170-23-037123.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037123.txt

## Key facts
- Earnings Releases
  CERUS CORP reported second quarter ended June 30, 2023 results: revenue $47.7 million, net income $13.3 million, EPS $0.07 per basic and diluted share. Guidance lowered.
  - Period: second quarter ended June 30, 2023
  - Revenue: $47.7 million
  - Net income: $13.3 million
  - EPS: $0.07 per basic and diluted share
  - Guidance: lowered
  - Result: reported results
  source text: Cerus Corporation (Nasdaq: CERS) today announced financial results for the second quarter ended June 30, 2023. Recent highlights include: • Second quarter 2023 total revenue of $47.7 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1020214/000095017023037123/0000950170-23-037123-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.