09:50 AM EDT, 08/07/2024 (MT Newswires) -- MannKind ( MNKD ) shares were up nearly 2% in recent Wednesday trading after the company posted higher Q2 non-GAAP net income and revenue.

The company reported Q2 non-GAAP net income of $0.05 per share, compared with breakeven results a year earlier.

Four analysts surveyed by Capital IQ expected earnings of $0.01.

Revenue for the quarter ended June 30 was $72.4 million, up from $48.6 million a year earlier.

The analysts surveyed by Capital IQ expected $64.8 million.

Price: 5.38, Change: +0.11, Percent Change: +1.99