Trade Desk shares jump 30% on Q3 earnings report
Shares of The Trade Desk jumped nearly 30% on Nov. 8, following the company’s announcement of its third quarter earnings, which beat analysts’ expectations and highlighted continued growth for one of the leading companies in the advertising technology space. The Trade Desk, a Ventura-based ad tech company, delivered net income in the third quarter of Read More →
Atara reports growing losses, but plenty of cash left
Atara Biotherapeutics continued seeing losses in the third quarter of fiscal year 2021, but has enough cash on hand to remain solvent as it awaits news on its tab-cel therapy treatment in early 2022. Atara, a South San Francisco-based immunotherapy based company with major operations in Westlake Village, reported net losses of $84.7 million in Read More →
Interlink reports rising revenue and income for Q3
Interlink Electronics, an Irvine-based sensor manufacturer with its primary research and development facility in Camarillo, reported rising revenue and net income for the third quarter of 2021. Interlink saw revenue rise 44% as the company generated $2.2 million for the quarter ended Sept. 30, according to a Nov. 4 quarterly report. The company attributed the Read More →
PennyMac Financial reports profit while investment trust records loss in Q3
Westlake Village-based PennyMac Financial Services saw its net income drop in the third quarter compared to the year before, but officials reported “exceptional financial performance” in other areas in earnings released Nov. 4. The mortgage lender and loan servicer reported net income of $249.3 million in the third quarter, or $3.80 per share on a Read More →
Resonant hopes expanded licensing deal will propel it to top of 5G world
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Inogen beats earnings expectations, but supply issues persist
Goleta-based Inogen was able to deliver another earnings beat on Nov. 4 behind positive financial results for the third quarter of fiscal year 2021, but supply chain constraints continue to hinder the company’s potential. Inogen, a medical device company that manufactures and supplies portable oxygen containers, saw its net income and revenue increase year-over-year for Read More →
Velocity Financial reports earnings growth in Q3
Westlake Village-based mortgage lender Velocity Financial reported an increase in net income and net interest margin for the third quarter, compared to the same quarter last year, in an earnings statement released Nov. 3. Velocity reported net income of $8.02 million in the third quarter, or 23 cents per diluted share, compared to $3.5 million, Read More →
