Cerus: Q2 Earnings Snapshot
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CONCORD, Calif. (AP) — CONCORD, Calif. (AP) — Cerus Corp. (CERS) on Wednesday reported a loss of $13.3 million in its second quarter.
The Concord, California-based company said it had a loss of 7 cents per share.
The biomedical products company posted revenue of $38.9 million in the period.
Cerus expects full-year revenue in the range of $160 million to $165 million.
In the final minutes of trading on Wednesday, the company's shares hit $2.98. A year ago, they were trading at $5.62.
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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
