MannKind (NASDAQ:MNKD) Full Year 2024 Results

Key Financial Results

• Revenue: US$285.5m (up 44% from FY 2023).
• Net income: US$27.6m (up from US$11.9m loss in FY 2023).
• Profit margin: 9.7% (up from net loss in FY 2023).
• EPS: US$0.10 (up from US$0.045 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

MannKind Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 6.3%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 7.6% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for MannKind (2 shouldn't be ignored!) that you need to be mindful of.

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