Earnings call transcript: Cerus posts Q3 2026 revenue beat as stock falls after hours

Cerus Corporation reported Q3 2026 revenue of $64 million, surpassing Wall Street expectations of $63.25 million. Despite this positive revenue beat, the company's stock fell 6.78% in after-hours trading as investors reacted cautiously. The company's product revenue rose 10% year over year to $57.7 million, contributing to a positive adjusted EBITDA for the 10th consecutive quarter.

The net loss narrowed to under $1 million, nearing breakeven, with the company highlighting stronger product mix and better inventory control as key drivers of improved profitability.

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