Leerink Partners' Ominous Sign on MannKind (MNKD)
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Piper Jaffray Maintains Underweight on MannKind (MNKD) Following Results and Grim Outlook
November 10, 2015 7:01 AM ESTPiper Jaffray analyst Joshua Schimmer reiterated an Underweight rating and $1.50 price target on MannKind (NASDAQ: MNKD) following results.
Schimmer commented, "While cost-cutting measures will help curtail the cash burn, the disappointing launch of Afrezza and increasing net-debt position seem to be making the... More
MannKind (MNKD) Misses Q3 EPS by 1c
November 9, 2015 10:18 AM ESTMannKind (NASDAQ: MNKD) reported Q3 EPS of ($0.08), $0.01 worse than the analyst estimate of ($0.07).
For the three and nine months ended September 30, 2015, product shipments of Afrezza, our novel rapid-acting inhaled insulin therapy, were $4.1 million and $17.1 million, respectively, which we recorded as deferred product... More
