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MannKind (MNKD) Posts Q3 EPS of 26c, Topping Views

November 9, 2016 8:32 AM

MannKind (NASDAQ: MNKD) reported Q3 EPS of $0.26, $0.32 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $162.35 million versus the consensus estimate of $2 million.

Cash and cash equivalents at September 30, 2016 were $35.5 million, compared to $59.1 million at December 31, 2015. Currently, $30.1 million remains available for borrowing under the amended loan arrangement with The Mann Group along with $50.0 million available under the at-the-market facility.

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

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