Seeking Alpha

More on Cerus Q1 results

Product revenue: $7.9M (-19%).

Gross margin: 47% (-2.1%).

Operating loss: $9.2M.

Net loss: $0.2M or $0.12/share.

Quick assets (ex-A/R) at quarter end: $48.3M (-16.3%).

2014 revenue guidance of $38M - $40M reconfirmed.

Press release

(CERS +0.7%)

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Comments (1)
  • User 11257031
    , contributor
    Comment (1) | Send Message
    Based on their revenue reconfirmation, they expect to have outstanding revenues the rest of the year, or am I missing something? If I'm right, the stock could easily be worth $12 at year end.
    1 May 2014, 09:09 PM Reply Like
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