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 →
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 →
MannKind caps off record year with Q4 earnings beat
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Inogen closes out rough year with decreasing revenue
Goleta-based Inogen saw shares dip nearly 20% in after-hours trading Feb. 27 after the company missed analyst expectations in the fourth quarter and had an overall rough year in fiscal year 2023. Inogen, a maker of portable oxygen containers, announced on Feb. 23 after the markets closed that fourth quarter total revenue was $75.9 million, down Read More →
CEO confident The Trade Desk sees no signs of slowing down
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Procore hits huge revenue milestone in 2023
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Sonos shares tick up 12% day after earnings beat
Santa Barbara-based Sonos delivered a welcomed surprise to analysts on Feb. 6 when the company shared its results for the first quarter of 2024 and teased its new product launch — a process set to begin in the next few months. Sonos, a maker of speakers and other products, announced revenue of $612.8 million and Read More →
