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Cerus: 3Q Earnings Snapshot

CONCORD, Calif. (AP) _ Cerus Corp. (CERS) on Wednesday reported a loss of $18 million in its third quarter.

The Concord, California-based company said it had a loss of 13 cents per share.

The biomedical products company posted revenue of $18 million in the period.

Cerus expects full-year revenue in the range of $72 million to $75 million.

In the final minutes of trading on Wednesday, the company's shares hit $4.50. A year ago, they were trading at $6.29.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CERS at https://www.zacks.com/ap/CERS