MannKind (MNKD) reported its Q3 earnings last week, and for the most part the company metrics were in line with the projections I have outlined. The company reported revenue of $14.6 million, which included $5.7 million in Afrezza net revenue from the United States and $700,000 in Afrezza net revenue from Brazil. The company also reported cash or cash equivalents of $50.4 million.
Let's assess my projections vs. actual performance:
I had estimated gross US Afrezza revenue of $11.6 million vs. actual of $11.15 million. I was high by 4.4%.
I had projected