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

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

MannKind Corporation Reports 2016 Third Quarter Financial Results

November 9, 2016 8:30 AM EST

VALENCIA, Calif., Nov. 09, 2016 (GLOBE NEWSWIRE) -- MannKind Corporation (NASDAQ: MNKD) (TASE: MNKD) today reported financial results for the three and nine months ended September 30, 2016.

For the three and nine months ended September 30, 2016, we recognized $161.8 million in net revenue from our collaboration with Sanofi. This amount relates to activities from prior periods previously deferred. In the third quarter of 2016, due to the termination of the Sanofi license agreement, the remaining costs under the Sanofi License Agreement were fixed or determinable and future... More