— MannKind Corporation (NASDAQ: MNKD) reported Q4 2019 loss of $0.07 per share, vs. a loss of $0.07 expected.
— Total revenue amounted to $16 million, vs. $15 million
expected.
— Afrezza net revenue grew 35% to $7.8 million.
— Collaborations and services revenue fell 20% to $8.2
million.
— Research and development expenses increased 82% to $2 million.
ADVERTISEMENT
— Cash, cash equivalents, restricted cash and short-term
investments at December 31, 2019 was $50.2 million.
— MNKD shares gained 3.9% immediately following the
announcement.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.