Cerus: This Blood-Safety Underdog Should Be Earning More Respect
Cerus is shifting toward higher-value therapeutic products while reducing research costs with government funding support. Q2 2026 results showed 10% product revenue growth, a 7% decline in operating expenses, and adjusted EBITDA more than tripling year-over-year, prompting management to raise full-year revenue guidance to $229-231 million for the second time this year.
Why it matters — The revenue guidance raise and improved profitability signal growing commercial momentum and confidence in Cerus's strategic pivot, which CERS watchers would view as a positive development for the company's trajectory.