Cerus (NASDAQ:CERS) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$46.0m (up 16% from 3Q 2023).

• Net loss: US$2.93m (loss narrowed by 60% from 3Q 2023).

• US$0.016 loss per share (improved from US$0.04 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cerus EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) exceeded analyst estimates by 38%.

Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are down 6.0% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Cerus that you should be aware of.

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