MannKind (MNKD) Tops Q4 EPS by 73c

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MannKind Corporation Reports 2016 Fourth Quarter and Full Year Financial Results

March 16, 2017 4:01 PM EDT

Conference Call to Begin Today at 5:00 PM ET

VALENCIA, Calif., March 16, 2017 (GLOBE NEWSWIRE) -- MannKind Corporation (NASDAQ: MNKD) (TASE: MNKD) today reported financial results for the fourth quarter and full year ended December 31, 2016.  Key results include:

Total revenue for the quarter of $12.4 million, including $10.2 million from insulin sales to Sanofi, and net income for the fourth quarter of $54.0 million including $72.0 million from the extinguishment of debt owed to SanofiTotal revenue for 2016 of $174.8 million, including $172.0 million in... More