— 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 […]
“— 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 […]
· February 25, 2020
— 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.
— 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.
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