earnings
confidence high
sentiment positive
materiality 0.80
Krystal Biotech Q2 revenue $70.3M; net income $15.6M; three pipeline readouts on track
Krystal Biotech, Inc.
2024-Q2 EPS reported
$0.56
revenue$115,535,000
- VYJUVEK net product revenue $70.3M in Q2 2024, up 55.3% vs Q1 2024.
- Net income $15.6M ($0.53 diluted EPS) vs net loss ($33.2M) in Q2 2023.
- Cash and investments $628.9M at June 30, 2024; strong balance sheet.
- On track for three clinical data readouts in 2H 2024: KB301 (3Q), KB408 (4Q), KB707 (4Q).
- Received Rare Pediatric Disease Designation for intratumoral KB707 for osteosarcoma in May 2024.