CONCORD, Calif. (AP) _ Cerus Corp. (CERS) on Tuesday reported a loss of $17.5 million in its first quarter.

On a per-share basis, the Concord, California-based company said it had a loss of 10 cents.

The biomedical products company posted revenue of $23.4 million in the period.

Cerus shares have declined 19% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $5.60, an increase of nearly 8% in the last 12 months.

_____

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