logo
  

MannKind Corp. Posts Adj. Loss In Q4

MannKind Corp. (MNKD) reported a fourth quarter non-GAAP net loss per share of $0.06 compared to a loss of $0.07, a year ago. On average, five analysts polled by Thomson Reuters expected the company to report a loss per share of $0.04, for the quarter. Analysts' estimates typically exclude special items.

Fourth quarter total revenues increased to $18.44 million from $15.99 million, prior year. Analysts expected revenue of $16.16 million, for the quarter. Afrezza net revenue was $10.1 million, up 30% from prior year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Cryptocurrency Dogecoin's price jumped over 15% on Friday, but later lost some of the gains, after Tesla Inc. (TSLA) CEO Elon Musk announced that the luxury car maker will start accepting the meme cryptocurrency as payment for its merchandise. "Tesla merch buyable with Dogecoin," Musk tweeted on Friday. Dogecoin... US investment bank JPMorgan Chase & Co. reported Friday a profit for the fourth quarter that declined 14 percent from last year, hurt primarily by higher noninterest expense and lower credit reserve releases. Both adjusted earnings per share and revenues for the quarter topped analysts' expectations. Microsoft Corp. said its Board of Directors has initiated a review of the effectiveness of its workplace sexual harassment and gender discrimination policies and practices. The company has hired the law firm of Arent Fox to conduct the review mainly on sexual harassment investigations, including that of co-founder Bill Gates.
RELATED NEWS
Follow RTT