February 24, 2024
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Latest

Losses shrink at Cure Pharmaceutical

By   /  Friday, August 20th, 2021  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Losses shrink at Cure Pharmaceutical

Cure Pharmaceutical Co., an Oxnard-based drug delivery product company that owns the CBD brand Sera Labs, reported rising revenue and shrinking losses for the quarter ended June 30. Cure’s net loss for the second quarter of 2021 was $1.3 million, down from a loss of $13.4 million in the same quarter of 2020. Total revenue Read More →

Latest

Glass House Brands reports Q2 loss, growing revenue as it plans expansion into Ventura County

By   /  Tuesday, August 17th, 2021  /  Agribusiness, Banking & Finance, Banking Industry, Earnings, Latest news, middle, South Coast, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Glass House Brands reports Q2 loss, growing revenue as it plans expansion into Ventura County

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Latest

Revenue and losses both growing at MannKind

By   /  Tuesday, August 17th, 2021  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Revenue and losses both growing at MannKind

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 →

Latest

Transphorm reports loss, closes $5M in new financing

By   /  Monday, August 16th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Transphorm reports loss, closes $5M in new financing

Goleta-based Transphorm saw net losses continue to mount in its most recent quarter, according to financial results released Aug. 16. Transphorm, a supplier of gallium nitride power conversion products, reported a loss of $7.1 million, or 17 cents per share, in the first quarter of 2021-22, bigger than its net loss of $6.6 million, or Read More →

Latest

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 →

Latest

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 →

Latest

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 →