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CONCORD, Calif. (AP) — CONCORD, Calif. (AP) — Cerus Corp. (CERS) on Thursday reported a loss of $7.7 million in its first quarter.

On a per-share basis, the Concord, California-based company said it had a loss of 4 cents.

The biomedical products company posted revenue of $43.2 million in the period.

Cerus expects full-year revenue in the range of $194 million to $200 million.

In the final minutes of trading on Thursday, the company's shares hit $1.32. A year ago, they were trading at $1.72.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CERS at https://www.zacks.com/ap/CERS