8/1/2014 8:59:36 AM
Cerus Corporation (NASDAQ:CERS) today announced financial results for the second quarter ended June 30, 2014.
“First half results were in-line with our expectations and reflect the impact of strategic changes in certain markets covered by distributors. We believe the appropriate foundation is now in place to resume revenue growth going forward, with the results of these transitions expected to be fully realized in Q4. With the anticipated completion of these transitions, as well as recent wins in territories such as Belgium, we remain confident in our ability to meet our 2014 annual revenue guidance of $38-$40 million,” said William 'Obi' Greenman, Cerus’ president and chief executive officer.
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