Double-Digit Revenue Growth
Cerus reported product revenue of $43.2 million for Q1 2025, a 13% increase year-over-year, driven by higher North American platelet sales and increasing US demand for IFC.
Positive Market Feedback for New Products
The INT200 LED-based illumination device received CE Mark approval earlier than expected, with initial customer feedback described as very positive.
Increased Operating Cash Flow and Positive EBITDA
Cerus generated positive adjusted EBITDA of $157,000 for Q1 2025 and expects to achieve positive operating cash flow for the full year.
Strong North American Growth
First quarter North American product revenues increased 22% year-over-year, with continued growth expected in both platelet and IFC markets.