Cerus (NASDAQ:CERS) Issues Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Market Beat
2026.05.01 01:54
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Cerus (NASDAQ:CERS) reported quarterly earnings of ($0.01) EPS, exceeding estimates by $0.02. Revenue reached $59.89 million, surpassing the $55.68 million forecast. The company raised its 2026 product revenue guidance to $227M–$231M. Despite a negative net margin of 7.58% and a return on equity of -26.09%, Cerus achieved a positive non-GAAP adjusted EBITDA of $4M. Shares rose 5.7% to $2.03. Insider selling occurred, with CFO Kevin Dennis Green selling 127,544 shares. Institutional investors have also adjusted their stakes in Cerus recently.