CONCORD, Calif. (AP) — CONCORD, Calif. (AP) — Cerus Corp. (CERS) on Tuesday reported a loss of $13.6 million in its fourth quarter.
The Concord, California-based company said it had a loss of 8 cents per share.
The biomedical products company posted revenue of $44 million in the period.
For the year, the company reported that its loss narrowed to $42.8 million, or 24 cents per share. Revenue was reported as $162 million.
In the final minutes of trading on Tuesday, the company’s shares hit $2.86. A year ago, they were trading at $5.87.
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
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