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Stock impact report

MannKind - Quarter Closes Out With Drama [Seeking Alpha]

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: Seeking Alpha
MannKind - Quarter Closes Out With Drama Summary Q2 is now closed. Drama from activist groups swirls. Cash remains critical item to watch. MannKind ( MNKD Scripts For the week ending June 28th, Afrezza scripts came in at 673. This was good enough to tally a record quarter in terms of script volume, but remains well below what is needed to deliver equity appreciation and leverage. For the quarter, there were 8,640 scripts sold, representing a modest 11.6% gain over a lackluster Q1. The revenue growth on a quarter-over-quarter basis was slightly better with an estimated 13% gain. Based on my calculations, the estimated gross revenue for the quarter will come in at $10.075 million, while the estimated net revenue will be $6.146 million. A lot of this will depend on the mix of scripts, source of sales, and the level of returned product during the quarter. The amount of cash on hand at the end of the quarter will have a caveat to it. By my estimation, the company finished the quarter with Show less Read more
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