Recap: Cerus Q1 Earnings

Cerus (NASDAQ:CERS) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:00 PM. Here’s what investors…

Cerus (NASDAQ:CERS) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Cerus missed estimated earnings by 28.57%, reporting an EPS of $-0.09 versus an estimate of $-0.07.

Revenue was down $6.47 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 7.34% drop in the share price the next day.

Here’s a look at Cerus’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.05 -0.06 -0.07 -0.09
EPS Actual -0.08 -0.05 -0.05 -0.07
Revenue Estimate 45.96M 44.55M 43.42M 38.98M
Revenue Actual 44.03M 39.57M 41.00M 37.44M

To track all earnings releases for Cerus visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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