Cerus Corporation shares are trading lower after the company reported worse-than-expected Q2 financial results and issued FY23 annual product revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Cerus Corporation reported worse-than-expected Q2 financial results and issued FY23 annual product revenue guidance, causing its shares to trade lower.
August 04, 2023 | 2:05 pm
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Cerus Corporation's shares are trading lower due to worse-than-expected Q2 results and FY23 revenue guidance.
Cerus Corporation's shares are trading lower as a direct result of the company's worse-than-expected Q2 financial results and the issuance of FY23 annual product revenue guidance. This news is highly relevant and important to investors as it directly impacts the company's financial performance and future outlook, which in turn affects the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100