MannKind (MNKD) Misses Q3 EPS by 11c

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MannKind Corporation Reports 2017 Third Quarter Financial Results

November 7, 2017 4:01 PM EST

WESTLAKE VILLAGE, Calif., Nov. 07, 2017 (GLOBE NEWSWIRE) -- MannKind Corporation (NASDAQ: MNKD) today reported financial results for the third quarter and the nine months ended September 30, 2017. Third quarter highlights include:

Afrezza net revenue grew 28% and 246% vs. 2Q 2017 and 3Q 2016, respectivelyCash burn of $23.3 million in 3Q 2017Exchanged all outstanding Series A and B Common Stock Warrants for an aggregate of 1.3 million shares of the Companys common stockFDA approved label changes for Afrezza

Other recent highlights include:

Issued 10.2 million... More