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Stock impact report

Here's Why MannKind Corporation Stock Is Tanking Today [The Motley Fool]

MannKind Corporation (MNKD) 
Last mannkind corporation earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.mannkindcorp.com/press-releases
Company Research Source: The Motley Fool
News that the biopharma lost more than expected in the first quarter sent shares into a tailspin. Brian Feroldi ( TMFTypeoh ) May 11, 2017 at 4:09PM What happened Following the release of the company's first-quarter earnings results, shares of MannKind  ( NASDAQ:MNKD ) , a commercial stage biopharma focused on inhaled drug delivery, fell 20% Thursday.  So what Here's a look at the key financial highlights from the first quarter: Revenue was $3 million. That figure included $1.8 million in bulk sales to a third party and $1.2 million in revenue from Afrezza sales to patients. Deferred revenue was $1.8 million at the end of the quarter. MannKind posted a net loss for the quarter of $16.3 million, or $0.17 per share. By contrast, Wall Street was expecting a net loss of only $0.09.  Despite posting the big net loss, MannKind's cash balance Show less Read more
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