Veracyte, Inc. or Celldex Therapeutics, Inc.: Who Manages SG&A Costs Better?

Veracyte vs. Celldex: SG&A Cost Management Showdown

__timestampCelldex Therapeutics, Inc.Veracyte, Inc.
Wednesday, January 1, 20142062200040786000
Thursday, January 1, 20153383700047876000
Friday, January 1, 20163597900052035000
Sunday, January 1, 20172500300055348000
Monday, January 1, 20181926900065276000
Tuesday, January 1, 20191542600082720000
Wednesday, January 1, 20201445600089118000
Friday, January 1, 202120488000181193000
Saturday, January 1, 202227195000174078000
Sunday, January 1, 202330914000184232000
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Unlocking the unknown

SG&A Cost Management: Veracyte vs. Celldex

In the competitive landscape of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. From 2014 to 2023, Veracyte, Inc. and Celldex Therapeutics, Inc. have shown distinct approaches to handling these costs. Veracyte's SG&A expenses have surged by approximately 352%, peaking in 2023, reflecting their aggressive expansion strategy. In contrast, Celldex has maintained a more conservative growth, with a 50% increase over the same period. This suggests a more controlled cost management approach. While Veracyte's higher expenses might indicate robust growth and market penetration, Celldex's steadier increase could imply a focus on sustainable operations. Investors and stakeholders should consider these trends when evaluating the companies' financial strategies and long-term viability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025