July 22, 2024
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Sacks Parente sees signs of life in first quarter

By   /  Friday, May 3rd, 2024  /  Central Coast, Earnings, Latest news, Retailing, Subscriber content, Tri-County Public Companies  /  Comments Off on Sacks Parente sees signs of life in first quarter

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American Riviera sees net income slip to start 2024

By   /  Monday, April 29th, 2024  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on American Riviera sees net income slip to start 2024

Santa Barbara-based American Riviera Bank saw net income take a slight dip in the first quarter of 2024. Announced April 24, ARB noted net income of $2.2 million for the quarter ended March 31, down from $3 million in the same quarter a year ago. According to a press release, the dip in net income Read More →

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Bank of the Sierra reports higher net income in Q1

By   /  Tuesday, April 23rd, 2024  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Bank of the Sierra reports higher net income in Q1

Sierra Bancorp, the parent company of Bank of the Sierra, announced its results for the first quarter of 2024 on April 23, noting that consolidated net income was at $9.3 million for the quarter, up from $8.8 million in the same quarter a year ago. According to the financial statements, the “favorable variance” in net Read More →

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Analysts believe Semtech is cornering IoT market

By   /  Thursday, April 4th, 2024  /  Central Coast, Earnings, Latest news, Subscriber content, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Analysts believe Semtech is cornering IoT market

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Atara reports higher net loss in fourth quarter

By   /  Monday, April 1st, 2024  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Atara reports higher net loss in fourth quarter

Thousand Oaks-based Atara Biotherapeutics reported financial results for the fourth quarter and full year 2023 along with recent business highlights and key upcoming milestones for 2024 on March 28. Atara reported a net loss of $60.5 million or 56 cents per share in the fourth quarter of 2023 along with a net loss of $276.1 million Read More →

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Acelyrin reports higher net loss in 2023 as company prepares for breakthrough

By   /  Monday, April 1st, 2024  /  Earnings, Latest news, Startups, Technology, Tri-County Public Companies  /  Comments Off on Acelyrin reports higher net loss in 2023 as company prepares for breakthrough

Conejo Valley-based Acelyrin, a clinical, pre-revenue biotechnology company, reported its financial results for the full year 2023 on March 28. According to the March 28 report, the company’s net loss for the full year ended Dec. 31 was $381.6 million, compared to $64.8 million for 2022. The company primarily saw expenses increase in research and Read More →

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AeroVironment shares hit all-time high behind record Q3 earnings

By   /  Thursday, March 7th, 2024  /  Central Coast, Earnings, Latest news, left, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment shares hit all-time high behind record Q3 earnings

Shares of AeroVironment, a drone maker for the defense industry, are up more than 40% since the company announced its earnings for the third quarter, showing that demand for its products is soaring. AeroVironment, headquartered in Virginia but still maintains large operations in Simi Valley and Moorpark, beat analyst expectations by a large amount on Read More →