---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-053823"
form_type: "8-K"
ticker: "CERS"
cik: "0001020214"
company_name: "CERUS CORP"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T19:53:27.513045+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cerus reports record Q4 product revenue of $44.0M, up 10% YoY; reiterates FY2023 guidance $165-170M

## Summary
- Q4 product revenue $44.0M (+10% YoY); full-year product revenue $162.0M (+24% YoY).
- Q4 net loss $13.6M ($0.08/sh) vs $9.1M ($0.05/sh) prior year; full-year net loss $42.8M ($0.24/sh) vs $54.4M ($0.32/sh).
- Product gross margin Q4 55.7% (record), up from 51.1% prior year; full-year 53.7% vs 51.5%.
- Cash and investments $102.2M at Dec 31, 2022; reiterates FY2023 product revenue guidance $165-170M.
- Non-GAAP Adjusted EBITDA improved to -$3.7M Q4 from -$4.3M prior year; full-year -$12.4M from -$29.5M.

## SEC filing metadata
- accession: 0001193125-23-053823
- form_type: 8-K
- ticker: CERS
- cik: 0001020214
- company_name: CERUS CORP
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1020214/000119312523053823/0001193125-23-053823-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1020214/000119312523053823/d467053d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-053823
- JSON: https://secwatch.observer/filing/0001193125-23-053823.json
- Plain text: https://secwatch.observer/filing/0001193125-23-053823.txt

## Key facts
- Earnings Releases
  CERUS CORP reported the fourth quarter ended December 31, 2022 results: revenue $44.0 million, net income $13.6 million, EPS $0.08 per basic and diluted share. Guidance reaffirmed.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $44.0 million
  - Net income: $13.6 million
  - EPS: $0.08 per basic and diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Exhibit 99.1 Cerus Corporation Announces Record Fourth Quarter and Full-Year 2022 Financial Results Strong Revenue Growth Driven by Sales in North America Product Revenue of $44.0 Million Grew 10% YoY in the Fourth Quarter Reiterating Full-Year 2023 Product Revenue Guidance Range of $165-170 Million CONCORD, CA, February 28, 2023 - Cerus Corporation (Nasdaq: CERS)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1020214/000119312523053823/0001193125-23-053823-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.