Cerus Q2 product revenue $41M (up 30% YoY), net loss narrows to $8.4M; reaffirms FY22 guide

CERUS CORP

2023-Q2 EPS reported -$0.12

Total revenue $47.6M (+26% YoY); product revenue $41.0M (+30% YoY), a company record.
Net loss attributable to Cerus $8.4M ($0.05/share) vs $15.4M loss ($0.09/share) in Q2 2021.
Non-GAAP Adjusted EBITDA improved to -$2.4M from -$8.2M in prior year.
Reiterated FY2022 product revenue guidance $160-165M (22-26% YoY growth).
Cash, cash equivalents, and short-term investments $107.0M at June 30, 2022.

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