secwatch.observer — SEC 8-K summary
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Issuer:     CERUS CORP (CERS)
CIK:        0001020214
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000950170-24-118948
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cerus Q3 product revenue $46.0M (+16% YoY); raises FY2024 guidance to $177-179M
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- Net loss narrowed to $2.9M ($0.02/sh) from $7.3M; positive non-GAAP adjusted EBITDA of $4.4M.
- Product revenue guidance raised to $177-179M from $175-178M; IFC guidance raised to $9-10M.
- Signed new 6-year BARDA contract up to $248M for INTERCEPT RBC advancement through PMA licensure.
- CE Mark review for INTERCEPT RBCs denied; assessing strategy for resubmission with TÜV-SÜD.
- Generated positive operating cash flow for third straight quarter; cash & investments $75.6M at Q3 end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020214/000095017024118948/0000950170-24-118948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020214/000095017024118948/cers-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-118948

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