MannKind (MNKD) Tops Q4 EPS by 1c, Revs Beat

MannKind (NASDAQ: MNKD) reported Q4 EPS of ($0.28), $0.01 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $4.5 million versus the consensus estimate of $2.61 million.

2H 2017 Results vs. Guidance

• Afrezza gross revenue was $8.3 million for the six months ended December 31, 2017 compared with a range of $9-$14 million.
• Afrezza net revenue was $6.4 million for the six months ended December 31, 2017 compared with a range of $6-$10 million.
• Net cash used in operating activities was $30.0 million in the fourth quarter 2017 and $23.3 million in the third quarter 2017 totaling $53.3 million compared with a range of $48-$56 million.

For earnings history and earnings-related data on MannKind (MNKD) click here.

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