Cerus (CERS) Tops Q4 EPS by 1c

Cerus (NASDAQ: CERS) reported Q4 EPS of ($0.15), $0.01 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $9.7 million versus the consensus estimate of $9.72 million.

At December 31, 2015, the Company had cash, cash equivalents and short-term investments of $107.9 million compared to $51.3 million at December 31, 2014. Included in the 2015 short-term investments are approximately $11.2 million of marketable equity securities, which had no recorded value at December 31, 2014.

At December 31, 2015, the Company had approximately $20 million in outstanding debt under its loan agreement with Oxford Finance

For earnings history and earnings-related data on Cerus (CERS) click here.

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