Categories Earnings, Health Care

MannKind Corporation (MNKD): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— 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.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

Infographic: Key highlights from Campbell Soup Company’s (CPB) Q1 2023 earnings results

Campbell Soup Company (NYSE: CPB) reported first quarter 2023 earnings results today. Net sales increased 15% year-over-year to $2.57 billion. Organic sales growth was 15%. Net earnings attributable to Campbell Soup

Cancer drug maker Felicitex prepares for IPO. Here’s all you need to know

Fewer companies filed for initial public offering this year, compared to 2021 when the market witnessed a record number of IPOs. With only a few weeks left for the year

Chipotle Mexican Grill (CMG): A few points to keep in mind if you have an eye on this restaurant chain

Shares of Chipotle Mexican Grill Inc. (NYSE: CMG) were down 3% on Tuesday. The stock has dropped 13% year-to-date but there is still a positive sentiment in general about its

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top