MannKind Corporation Reports 2016 Second Quarter Financial Results
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Piper Jaffray Maintains Underweight, $0.10 PT on MannKind (MNKD) Post Q2
August 9, 2016 8:25 AM EDTPiper Jaffray analyst Joshua Schimmer reiterated an Underweight rating and $0.10 price target on MannKind (NASDAQ: MNKD) following results after the close.
Schimmer commented, "After the close MNKD reported 2Q16 results ending the quarter with $63.7M in cash and cash equivalents, which... More
MannKind (MNKD) Misses Q2 EPS by 1c
August 8, 2016 4:01 PM EDTMannKind (NASDAQ: MNKD) reported Q2 EPS of ($0.07), $0.01 worse than the analyst estimate of ($0.06).
Cash and cash equivalents at June 30, 2016 were $63.7 million, compared to $27.7 million at March 31, 2016. In May 2016, the Company received net proceeds of $47.4 million upon completion of a registered direct public... More
