secwatch.observer — SEC 8-K summary
======================================

Issuer:     CERUS CORP (CERS)
CIK:        0001020214
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001193125-26-085350
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cerus reports FY2025 revenue $233.8M (+16%); net loss narrows to $15.6M
-----------------------------------------------------------------------

- FY2025 product revenue $206.1M (+14%); total revenue $233.8M (+16%).
- Net loss attributable to Cerus $15.6M ($0.08/share) vs $20.9M ($0.11) in 2024.
- Non-GAAP adjusted EBITDA $9.5M, up from $5.7M; second consecutive positive year.
- IFC demand more than doubled; revenue ~$16.7M (+80%); Q4 U.S. IFC sales $4.2M.
- FY2026 product revenue guidance $224M-$228M, representing 9-11% YoY growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020214/000119312526085350/0001193125-26-085350-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020214/000119312526085350/cers-20260302.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-085350

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