Jorge Mercado is a staff writer with the Business Times. His beats include technology, agriculture, cannabis, energy and the environment, and higher education.
Santa Paula-based agribusiness Limoneira released preliminary financial results on Aug. 24 for its most recent quarter, highlighting strong fresh lemon utilization which helped offset a smaller-than-expected avocado output. Limoneria said it expects revenue of $49 million in the third quarter of 2021, which would be a slight decrease from the same quarter a year ago, Read More →
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MannKind saw a significant rise in revenue thanks to its product Afrezza, but its net loss in the second quarter of fiscal year 2021 also rose significantly as the company tried to pay down its debt. The Westlake Village biotech company released its earnings after the markets closed on Aug. 11. It opened the next Read More →
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Sonos delivered a loud earnings beat after the markets closed Aug. 11, as the Santa Barbara-based home sound system producer delivered net income back in the black when the company announced its third quarter 2021 earnings. Sonos generated net income of $17.6 million, or 12 cents per diluted share, for the quarter ended June 30. Read More →
Interlink Electronics, an Irvine-based sensor manufacturer with its primary research and development facility in Camarillo, saw both its revenue and net income rise when it released its financial results for the second quarter of 2021. Net revenue grew 21.3% year-over-year, to $2 million in the second quarter of 2021. Net income also rose to $63,000 Read More →