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Sep 30, 2022
MannKind Q3 2022 Earnings Report
MannKind reported a net loss for Q3 2022, but total revenues increased driven by collaborations and services revenue and commercial product sales.
Key Takeaways
MannKind Corporation reported a net loss of $14.4 million for the third quarter of 2022, compared to a net loss of $4.4 million for the third quarter of 2021. Total revenues for the third quarter of 2022 were $32.8 million, an increase of 48% compared to the third quarter of 2021. The increase in total revenues was driven by an increase in collaborations and services revenue and an increase in commercial product sales.
Total revenues increased by 48% compared to Q3 2021, reaching $32.8 million.
Royalties from Tyvaso DPI were $6.2 million.
Commercial Products Net Revenue increased by 67% compared to Q3 2021, reaching $16.3 million.
Net loss for the quarter was $14.4 million, or $0.06 per share.
Forward Guidance
No specific forward guidance was provided in the press release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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