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 02, 2024 | 10:33 am
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Cerus shares are trading higher following the company's announcement of 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 strong positive indicators for Cerus. This news is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100