Reaffirms FY24 R&D expenses $30M-$36M and SG&A expenses $45M-$55M, in each case excluding share-based compensation; full year share-based compensation expenses $18M-$22M. Sees levels of both non-GAAP losses and cash burn in the second half to be similar to first half actuals 2024.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter