Investing.com - MannKind reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
MannKind announced earnings per share of $-0.060 on revenue of $32.83M. Analysts polled by Investing.com anticipated EPS of $-0.088 on revenue of $24.45M.
MannKind shares are down 41.36% from the beginning of the year , still down 27.00% from its 52 week high of $5.24 set on Wednesday, November 10, 2021.
MannKind shares gained 5.37% in intra-day trade the report.
MannKind follows other major Healthcare sector earnings this month
MannKind's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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