MannKind: Q2 Earnings Snapshot
DANBURY, Conn. (AP) — DANBURY, Conn. (AP) — MannKind Corp. (MNKD) on Monday reported a loss of $5.3 million in its second quarter.
On a per-share basis, the Danbury, Connecticut-based company said it had a loss of 2 cents. Earnings, adjusted for one-time gains and costs, were less than 1 cent on a per-share basis.
The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The biopharmaceutical company posted revenue of $48.6 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $42 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MNKD at https://www.zacks.com/ap/MNKD
