Cerus Corporation Sees FY23 Revenue $155M-$158M Vs $167.7M Est.
Portfolio Pulse from Benzinga Newsdesk
Cerus Corporation has projected its FY23 revenue to be between $155M-$158M, which is lower than the estimated $167.7M.
November 02, 2023 | 9:47 pm
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NEGATIVE IMPACT
Cerus Corporation's lower than expected FY23 revenue projection may negatively impact its stock price.
Cerus Corporation's projected FY23 revenue is lower than the estimated $167.7M. This shortfall could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100