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News

Krystal Biotech Reiterated FY24 R&D And SG&A Expense Of $150M-$175M

Author: Benzinga Newsdesk | August 05, 2024 08:03am

Financial Guidance

For the year ending December 31, 2024, we continue to anticipate approximately $150 million to $175 million of Non-GAAP Research and Development ("R&D") and Selling, General and Administrative ("SG&A") expense. Non-GAAP combined R&D and SG&A expense guidance does not include stock-based compensation as we are currently unable to confidently estimate Full Year 2024 stock-based compensation expense. As such, we have not provided a reconciliation from forecasted non-GAAP to forecasted GAAP combined R&D and SG&A Expense. This could materially affect the calculation of forward-looking GAAP combined R&D and SG&A Expense as it is inherently uncertain. Refer to Non-GAAP Financial Measures section below for additional information.

Posted In: KRYS

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