Cerus Q2 product revenue $52.4M (+16% YoY); raises FY2025 guidance to $200-203M

CERUS CORP

2025-Q2 EPS reported -$0.07

Q2 product revenue record $52.4M, up 16% YoY; total revenue $60.1M, up 19% YoY.
Net loss $5.7M ($0.03/sh), narrowing from $5.8M; positive non-GAAP adjusted EBITDA of $0.9M.
IFC revenue $5.6M vs $2.0M prior year; full-year IFC guidance raised to $16-18M (from $12-15M).
Full-year product revenue guidance raised to $200-203M (prior $194-200M) on strong H1 performance.
Cash $78M; DoD awarded $7.2M for lyophilized IFC development; RBC CE Mark under EU review.

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