secwatch.observer — SEC 8-K summary
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Issuer:     CERUS CORP (CERS)
CIK:        0001020214
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0000950170-25-024125
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cerus FY2024 product revenue up 15% to $180.3M; GAAP net loss narrows to $20.9M
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020214/000095017025024125/0000950170-25-024125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020214/000095017025024125/cers-20250220.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-024125

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer