MannKind Corp. records narrower-than-expected Q3 loss
Development stage company MannKind Corp. (Nasdaq: MNKD), reported a narrower-than-expected loss for the third quarter.
For the three months ended Sept. 30, the small cap recorded a net loss of $73 million, or $0.99 per share, narrower than the $1.09 net loss per share eleven analysts polled by Thomson were forecasting. This compares with a net loss of $61 million, or $1.23 per share for the third quarter of 2006.
Shares of MannKind (MNKD) were halted in pre-market trading.
