Biopharma MannKind's Q3 revenue up 17%

MannKind

05/11/2025 13:13

Overview

MannKind Q3 2025 rev rises 17% yr/yr to $82.1 mln

Adjusted EPS for Q3 2025 increases 45% from last year

Company completes acquisition of scPharmaceuticals, boosting revenue growth

Outlook

Company expects FUROSCIX sNDA review decision by end of 2025

MannKind anticipates Afrezza pediatric sBLA decision by May 29, 2026

Company plans to enroll first patient in MNKD-201 IPF trial in Q1 2026

Result Drivers

ROYALTIES AND COLLABORATIONS - Revenue growth driven by increased royalties from Tyvaso DPI and higher collaborations and services revenue

AFREZZA REVENUE - Afrezza revenue increased due to higher price and demand, despite a decrease in V-Go revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
$7.98 mln
Q3 Basic EPS
$0.03
Q3 Operating Income
$18.89 mln
Q3 Pretax Profit
$7.78 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the biotechnology & medical research peer group is "buy"

Wall Street's median 12-month price target for MannKind Corp is $10.00, about 45.2% above its November 4 closing price of $5.48

The stock recently traded at 62 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNX2dqwYK

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)