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Arcutis gearing up for active 2023

By   /  Wednesday, March 1st, 2023  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Arcutis gearing up for active 2023

Arcutis Biotherapeutics generated sales from its first treatment during the fourth quarter of 2022, helping usher in a new era for the company. Based in Westlake Village, Arcutis recognized $3 million in revenue for the quarter that ended Dec. 31, all of it coming from its Zoryve cream aimed to treat plaque psoriasis. For the Read More →

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Inogen shares nosedive after poor fourth-quarter earnings

By   /  Tuesday, February 28th, 2023  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inogen shares nosedive after poor fourth-quarter earnings

Shares of Goleta-based Inogen have nosedived 32% in the days since the company’s fourth quarter and full-year earnings results. Inogen, a maker of portable oxygen containers, announced on Feb. 23 that it suffered a net loss of $56.6 million for the quarter ended Dec. 31, up substantially from a net loss of $22.8 million in Read More →

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Olaplex’s struggles continue in fourth quarter

By   /  Tuesday, February 28th, 2023  /  Earnings, Latest news, Retailing, Tri-County Public Companies  /  Comments Off on Olaplex’s struggles continue in fourth quarter

Sales and earnings fell yet again for Olaplex Holdings, a Montecito-based hair products seller, in the fourth quarter of 2022 leading to shares dropping nearly 10% during the trading day Feb. 28. Olaplex presented a net income of $33.6 million or 5 cents per diluted share for the quarter that ended Dec. 31, down from Read More →

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Procore aims for lower net loss, continued high growth in 2023

By   /  Wednesday, February 22nd, 2023  /  Earnings, Latest news, middle, Technology, Tri-County Public Companies  /  Comments Off on Procore aims for lower net loss, continued high growth in 2023

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LTC Properties posts fourth-quarter earnings

By   /  Tuesday, February 21st, 2023  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on LTC Properties posts fourth-quarter earnings

LTC Properties, the real estate investment trust based in Westlake Village that chiefly invests in senior living and health care properties, announced its fourth-quarter results for the period ending December 31. Net income increased by 39.9%, from $12.7 million to $17.8 million or in terms of diluted earnings per common share, from 32 cents to Read More →

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The Trade Desk outperforms competition to close out fiscal year

By   /  Wednesday, February 15th, 2023  /  Earnings, Latest news, Subscriber content, Technology, Top Stories, Top Story, Tri-County Public Companies  /  Comments Off on The Trade Desk outperforms competition to close out fiscal year

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Atara’s cuts down net loss in 2022

By   /  Wednesday, February 8th, 2023  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Atara’s cuts down net loss in 2022

Atara Biotherapeutics recorded a lower net loss in the fourth quarter and the entirety of fiscal year 2022, but missed expectations still led to an 8% decline in after-hours trading. Atara, a South San Francisco-based immunotherapy company with its major operations in Thousand Oaks, reported a net loss of $228.3 million, or 2.24 cents per Read More →