|
|
Post by radgray68 on Feb 13, 2018 12:48:50 GMT -5
Kinda thought we'd have something by now. Anybody know anything? Almost everybody else has reported, yes?
|
|
|
|
Post by sportsrancho on Feb 13, 2018 13:20:54 GMT -5
Kinda thought we'd have something by now. Anybody know anything? Almost everybody else has reported, yes? 3/9 I believe. |
|
|
|
Post by madog365 on Feb 13, 2018 13:31:02 GMT -5
Kinda thought we'd have something by now. Anybody know anything? Almost everybody else has reported, yes? A little trick for new investors is to take look when the last possible deadline date is , and that will be your answer for when mannkind will take action (earnings call, announcement, press release, sec filings, etc). This company always meets the deadline and NEVER does anything earlier than the deadline. |
|
|
|
Post by myocat on Feb 13, 2018 13:47:31 GMT -5
Q4 earning is on March, 15, 2018
|
|
|
|
Post by mnkdfann on Feb 13, 2018 13:47:54 GMT -5
Kinda thought we'd have something by now. Anybody know anything? Almost everybody else has reported, yes? We don't need no stinking CC or quarterly report. Just stifle yourself, and buy more shares.  |
|
|
|
Post by radgray68 on Feb 13, 2018 13:55:34 GMT -5
O.K. I learn something every day. Apparently, they have 3 months after the close of the last quarter of the year. I've always knew about the 45 days, but the end of year is different. You're right, they will always file on the last day. O.K. then.......... WHAT...EVER. From Investopedia on SEC filings 10-K Report The 10-K provides investors with a comprehensive analysis of the company. It's similar to a prospectus and contains more information than an annual report. For instance, the financial statements are more detailed. Companies have to submit this lengthy annual filing within 90 days of the end of their fiscal year. The 10-K is comprised of several parts: The "business summary" describes the company's operations (including those that are international), business segments, history, real estate, marketing, research and development, competition and employees. The management discussion and analysis (MD&A) provides a good explanation of the company's operations and financial outlook. Financial statements can include the balance sheet, the income statement and the cash flow statement. Other sections discuss the company's management team and legal proceedings. 10-Q Report A truncated version of the 10-K is the 10-Q. The 10-Q is provided within 45 days of the end of each of the first three quarters of the company's fiscal year. It details the company's latest developments and provides a preview of the direction it plans to take. Major differences from the 10-K include unaudited financial statements and less detailed reports. Read more: SEC Filings: Forms You Need To Know www.investopedia.com/articles/fundamental-analysis/08/sec-forms.asp#ixzz5711AvMy3 Follow us: Investopedia on Facebook |
|
|
|
Post by lakers on Feb 13, 2018 23:13:53 GMT -5
The mandated filing date for the 10-K is 3/16/18. Given our last earnings call was in early November, the team is working hard to have a call earlier than the mandated date. We anticipate announcing shortly based on year end audit progress. From IR.
|
|
|
|
Post by BD on Feb 13, 2018 23:18:13 GMT -5
lakers, there's a reason quotation marks exist.
|
|
|
|
Post by tchalaa on Feb 14, 2018 2:52:55 GMT -5
lakers, there's a reason quotation marks exist. I believe as a postaholic lakers intentionaly paraphrase the IR. Let the full year report be on the last possible day or earlier, I think the we just have to be patient because it must be held. .... I think I've passed my adolescent age regarding my investment lifecycle on Mannkind Corp. Just like a tiger: be patient as needed and spend the adequate energy to hunt your prey |
|
|
|
Post by matt on Feb 14, 2018 9:04:42 GMT -5
Nobody has an earnings call before the auditors have signed off for the year (end of year) or completed their review (other quarters). The reality is that large audit clients with established businesses have cut-off dates for accounting purposes as early as December 10 and they simply estimate the last 20 days of the year. This only works for very large companies with stable businesses and strong internal audit functions, but that is a good description of most large firms. Proctor & Gamble, for example, pretty much knows how much soap they are going to sell in the last few weeks of the year; a few extra truckloads of Tide gets lost in the rounding. That lets P&G have an early audit and early earning release.
Mannkind is in a different category for a variety of reasons and they will be one of the last audit clients to be completely wrapped up. In recent years they have experienced significant write-downs of capital assets, restructuring of debt and debt covenants every few quarters, a requirement to buy insulin inventory that far exceeds production needs, there has been a change in their sales model from Sanofi to contract to direct representation, there have been changes in packaging, there has been a change in CEO and some directors, MNKD wants to shift their sales recognition method going into Q1, and so on. Those are all material audit risks and something that the auditors will take extra time to look at closely. The company cannot really schedule an earnings call until the auditors have signaled that the audit is coming to a close with no further adjustments required.
|
|
