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Update: Krystal Biotech Shares Fall After Q2 Product Revenue Miss

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(Updates with the latest stock movement in the first paragraph and headline.)

Krystal Biotech (KRYS) shares were down 8.2% in Monday trading after the company's Q2 product revenue fell short of analysts' estimate.

The company reported Q2 net income Monday of $1.79 per diluted share, compared with $1.29 a year earlier.

Three analysts surveyed by FactSet expected $1.62.

Net product revenue for the quarter ended June 30 was $119.2 million, compared with $96 million a year earlier.

Analysts expected $120.9 million.

Price: $313.00, Change: $-28.12, Percent Change: -8.24%

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