March 23, 2024
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Rent-a-robot: inVia finds its niche with robotics-as-a-service model

By   /  Friday, August 13th, 2021  /  East Ventura County, Latest news, Subscriber content, Technology, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Rent-a-robot: inVia finds its niche with robotics-as-a-service model

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Sonos delivers surprise profit, raises revenue guidance

By   /  Wednesday, August 11th, 2021  /  Banking & Finance, Earnings, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos delivers surprise profit, raises revenue guidance

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 →

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Sientra reports smaller loss for Q2

By   /  Wednesday, August 11th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sientra reports smaller loss for Q2

Sientra recorded a net loss in its most recent quarter, missing investor expectations, even as the company’s financials improved, according to financial results released Aug. 10. The Goleta-based breast implant manufacturer reported an $18.5 million loss from continuing operations in the second quarter, or 32 cents per share. The loss was a 40.7% decrease from Read More →

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Interlink reports income and revenue growth

By   /  Tuesday, August 10th, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Interlink reports income and revenue growth

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 →

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Trade Desk income nearly doubles over past year

By   /  Monday, August 9th, 2021  /  Banking & Finance, Earnings, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Trade Desk income nearly doubles over past year

The Trade Desk continues to find success in 2021, as the Ventura-based advertising technology firm saw huge rises in both revenue and net income when the company announced its financial results for the second quarter on Aug. 9. Co-founder and CEO Jeff Green said the company “significantly surpassed” its own expectations for the quarter ended Read More →

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Atara losses grew in Q2

By   /  Monday, August 9th, 2021  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Atara losses grew in Q2

Atara Biotherapeutics swallowed more losses in the second quarter of 2021, as the early-stage company hopes for good news for its tab-cel therapy in early 2022. Atara, an immunotherapy biotech company based in South San Francisco with some of its major operations in Thousand Oaks, had a net loss of $83.7 million in the second Read More →

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AppFolio earnings decline again

By   /  Monday, August 9th, 2021  /  Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio earnings decline again

AppFolio, a Goleta-based property management software developer, saw earnings per share drop sharply for the second consecutive quarter, in financial results for second quarter of 2021, released after the markets closed Aug. 9. Net income for AppFolio was at $2 million for the quarter ended June 30, down from $19.2 million in the same quarter Read More →