earnings
confidence high
sentiment positive
materiality 0.80
MannKind Q2 revenue $72M (+49% YoY), net income $9M YTD; pipeline advances
MANNKIND CORP
2024-Q2 EPS reported
$0.03
revenue$138,649,000
- Q2 total revenues $72.4M, up 49% vs. $48.6M in Q2 2023; YTD revenues $138.6M, up 55%.
- YTD 2024 net income of $9M; non-GAAP net income $29M; cash & investments $261.9M.
- Tyvaso DPI royalties up 34% to $25.6M; collaborations and services revenue up 132% to $26.0M.
- Afrezza net revenue $16.3M (+20%); V-Go net revenue $4.5M (-7%).
- Pipeline: MNKD-101 Phase 3 initiated; MNKD-201 Phase 1 on track for 4Q 2024 readout.