Cerus Corporation (NASDAQ:CERS) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET

Company Participants

Jessica Hanover - VP, Corporate Affairs
Obi Greenman - President & CEO
Vivek Jayaraman - COO
Kevin Green - CFO

Conference Call Participants

Matthew Park - Cantor Fitzgerald
Colin Wells - Stifel
Jacob Johnson - Stephens
Joshua Jennings - TD Cowan
Vidyun Bais - BTIG
William Bonello - Craig-Hallum Capital Group

Operator

Good day, ladies and gentlemen. Thank you for standing by, and welcome to the Cerus Corporation Third Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today's conference is being recorded.

I would now like to hand the conference over to Jessica Hanover. Dr. Hanover, you may begin.

Jessica Hanover

Thank you, and good afternoon. I'd like to thank everyone for joining us today.

As part of today's webcast, we are simultaneously displaying slides that you can follow. You can access the slides from the Investor Relations website at ir.cerus.com. With me on the call are Obi Greenman, Cerus' President and Chief Executive Officer; Vivek Jayaraman, Cerus' Chief Operating Officer; and Kevin Green, Cerus' Chief Financial Officer and Carol Moore, Cerus' Senior Vice President.

Cerus issued a press release today announcing our financial results for the second quarter ended September 30, 2024, and describing the company's recent business highlights. You can access a copy of this announcement on the company website at www.cerus.com.

I'd like to remind you that some of the statements we will make on this call related to future events and performance rather than historical facts and are forward-looking statements. Examples of forward-looking statements include those related to our future financial and operating results, including our 2024 product revenue guidance, our expectations for operating cash flows and non-GAAP adjusted EBITDA performance, and our expected expense levels, expected future growth and our growth trajectory our product supply expectations and ability to meet customer demand, the potential value of and anticipated activities to be funded under our new BARDA agreement, planned regulatory submissions and product launches, product expansion prospects and other statements that are not historical fact.

These forward-looking statements involve risks and uncertainties that could cause actual events, performance and results to differ materially. They are identified and described in today's press release, in our slide presentation and under Risk Factors in our Form 10Q for the quarter ended September 30, 2024 which we will file short. We undertake no duty or obligation to update our forward-looking statements.