CONCORD, Calif. (AP) — CONCORD, Calif. (AP) — Cerus Corp. (CERS) on Wednesday reported a loss of $2.9 million in its third quarter.
On a per-share basis, the Concord, California-based company said it had a loss of 2 cents.
The biomedical products company posted revenue of $46 million in the period.
Cerus expects full-year revenue in the range of $177 million to $179 million.
In the final minutes of trading on Wednesday, the company’s shares hit $1.72. A year ago, they were trading at $1.31.
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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
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