Cerus Postpones Feb. 22 Earnings Release

By FOXBusiness

Citing accounting complexities, Cerus (NASDAQ:CERS) said on Friday that it will postpone the release of its fourth-quarter results, originally schedule for Tuesday.

“Due to the complexities of the accounting and audit processes associated with the Cerus’ acquisition of BioOne Corporation's assets, it has taken longer-than-expected to finalize our year-end financial statements,” Cerus chief account officer Kevin Green said in a statement.

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The biomedical products company did not set a new earnings date but said it will announce new dates and times in a forthcoming news release.

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