Cerus shares are trading higher after the company reported better-than-expected Q2 EPS results and raised its FY24 product revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Cerus shares are trading higher after the company reported better-than-expected Q2 EPS results and raised its FY24 product revenue guidance above estimates.
August 01, 2024 | 9:20 pm
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POSITIVE IMPACT
Cerus shares are trading higher due to better-than-expected Q2 EPS results and an increase in FY24 product revenue guidance.
The better-than-expected Q2 EPS results and the raised FY24 product revenue guidance are positive indicators for Cerus, likely leading to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100