MannKind (MNKD) Misses Q2 EPS

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MannKind Corporation Reports 2017 Second Quarter Financial Results

August 7, 2017 4:05 PM EDT

VALENCIA, Calif., Aug. 07, 2017 (GLOBE NEWSWIRE) -- MannKind Corporation (NASDAQ: MNKD) (TASE: MNKD) today reported financial results for the second quarter and the six months ended June 30, 2017. Key results include:

Completed  commercial expansionAfrezza net revenue and gross revenue grew 29% and 60%, respectively, vs. Q1 2017Reduced Deerfield obligations by $15 million through equity conversion and cash paymentsIncreased cash by $19.4 million through The Mann Group loan arrangementPositive pre-IND meeting with the FDA for treprostinil Technosphere

Second Quarter Results

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