earnings
confidence high
sentiment positive
materiality 0.75
Cerus FY2024 product revenue up 15% to $180.3M; GAAP net loss narrows to $20.9M
CERUS CORP
2024-FY EPS reported
-$0.11
revenue$201,321,000
- Total revenue FY2024 $201.3M (+8% YoY); product revenue $180.3M (+15% YoY).
- GAAP net loss improved to $20.9M from $37.5M; non-GAAP adjusted EBITDA positive $5.7M vs -$10.7M.
- Operating cash flow positive $11.4M for FY2024, an improvement of ~$55M from prior year.
- Reiterated FY2025 product revenue guidance of $194M-$200M; IFC revenue guided $12M-$15M.
- IFC product revenue grew 42% to $9.2M; Q4 product revenue $50.8M (+9% YoY).