Oxnard company to pursue therapeutic psychedelics
Oxnard-based Cure Pharmaceutical announced plans on March 16 to use its oral film technology to deliver LSD and other psychedelic substances to treat mental health disorders. Cure owns the CBD company Sera Labs, and Cure has used its dissolving thin film platform, Curefilm, to deliver CBD and other cannabis compounds. Cure has a license from Read More →
Resonant reports smaller losses in 2020
Resonant, a Texas-based provider of radio frequency filter designs with major operations in Goleta, ended 2020 with rising revenues and shrinking losses. In the fourth quarter of 2020, Resonant revenue increased 32% from a year earlier, to $607,000, the company said in a March 15 earnings release. It had a net loss of $7.1 million, Read More →
Sientra reports bigger losses but rebound in sales in fourth quarter
Goleta-based breast implant maker Sientra reported a small decline in net sales over the final three months of 2020 and a net loss bigger than the previous year’s fourth quarter, in an earnings report released March 11. Sientra had a net loss of $21.2 million in the fourth quarter, or 42 cents per share, more Read More →
Mission Produce earnings up despite dip in avocado prices
Revenue was down for the second consecutive quarter at Oxnard-based Mission Produce, but net income was on the rise in the first quarter of 2021, according to the company’s March 10 earnings statement. Mission Produce, which is one of the biggest avocado distributors in the world, generate revenue in the first quarter worth $173.2 million, Read More →
Limoneira reports shrinking losses, sees start of restaurant recovery
The pandemic’s effects have depressed the lemon market for a year, as full-service restaurants and bars were forced to close indoor operations in many parts of the country, but Limoneira is looking at strong tailwinds in the market as several regions start to reopen. In an earnings report released March 10, Santa Paula-based Limoneira reported Read More →
Calavo reports lower revenue, higher earnings
Calavo Growers saw its net income rise by millions, pulling the company out of the red, even as it reported that its first-quarter revenue shrank by 19%. The Santa Paula-based avocado distributor reported net income of $5.3 million, or 30 cents per diluted share, for the first quarter of 2021, when it released its quarterly Read More →
Google’s privacy move puts squeeze on The Trade Desk
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