Here's What Key Metrics Tell Us About MannKind (MNKD) Q4 Earnings

Core Insights - MannKind reported revenue of $58.47 million for the quarter ended December 2023, marking a 62.2% increase year-over-year [1] - The earnings per share (EPS) was $0.02, a significant improvement from -$0.07 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $52.36 million by 11.67%, while the EPS surpassed the consensus estimate of -$0.01 by 300% [1] Revenue Breakdown - Royalties and collaborations revenue reached $21.03 million, exceeding the average estimate of $19.25 million by analysts, representing a 120.3% increase year-over-year [2] - Revenue from collaborations and services was $17.25 million, surpassing the average estimate of $15.46 million [2] - Net revenue from commercial product sales was $20.20 million, compared to the average estimate of $19.42 million, reflecting a 15.8% year-over-year change [2] Stock Performance - MannKind shares have returned +1.7% over the past month, while the Zacks S&P 500 composite increased by +3.8% [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [2]