MannKind (MNKD) Misses Q3 EPS by 11c
MannKind (NASDAQ: MNKD) reported Q3 EPS of ($0.31), $0.11 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $2 million versus the consensus estimate of $3.88 million.
- Afrezza net revenue grew 28% and 246% vs. 2Q 2017 and 3Q 2016, respectively
- Cash burn of $23.3 million in 3Q 2017
- Exchanged all outstanding Series A and B Common Stock Warrants for an aggregate of 1.3 million shares of the Company’s common stock
- FDA approved label changes for Afrezza
For earnings history and earnings-related data on MannKind (MNKD) click here.
