earnings
confidence high
sentiment positive
materiality 0.70
MannKind Q1 2023 total revenues $40.6M (+239% YoY); Tyvaso DPI drives $23M
MANNKIND CORP
2023-Q1 EPS reported
-$0.04
revenue$40,626,000
- Total revenues $40.6M vs $12.0M in Q1 2022, a 239% increase.
- Tyvaso DPI contributed $23M in revenue (collaborations/services $11.4M, royalties $11.7M).
- Afrezza net revenue $12.4M (+26% YoY); V-Go added $5.1M (acquired mid-2022).
- Loss from operations improved 72% to $6M; cash and investments $166.6M at March 31.
- CEO cites strong Tyvaso DPI demand; Phase 2/3 inhaled clofazimine trial to start H2 2023.