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By Jorge Mercado / Friday, August 6th, 2021 / Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Amgen shrugs off tough quarter, announces plans for new plant in North Carolina
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By pacbiztimes / Friday, August 6th, 2021 / Columns, Latest news, Real Estate, South Coast, Subscriber content, Tri-County Economy / Comments Off on Real Estate: Nordstrom building conversion could lead to glut of Santa Barbara office space
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By Jorge Mercado / Friday, August 6th, 2021 / Agribusiness, Central Coast, East Ventura County, Latest news, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy, West Ventura County / Comments Off on Tri-county region’s total farm revenue up 4.6% in 2020
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By Jorge Mercado / Thursday, August 5th, 2021 / Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Procore posts loss in first post-IPO quarter
In its first earnings report since going public, Procore Technologies, a Carpinteria-based software company for the construction industry, delivered record revenue growth, but rising operating costs hurt overall earnings. Revenue rose 27.7% for the quarter ended June 30, the company reported on Aug. 5. Procore generated $122.8 million, up from $96.5 million in the same Read More →
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By Jorge Mercado / Thursday, August 5th, 2021 / Banking & Finance, Earnings, Health Care & Life Science, Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Inogen shares plummet after news of supply chain problems
Shares of the Goleta-based medical device company Inogen dropped by 27% on Aug. 5, the day after the company released its second quarter 2021 earnings. Though the maker of portable oxygen concentrators saw big increases in both revenue and earnings, uncertainty brought on by the semiconductor chip shortage led to a huge selloff of Inogen Read More →
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By Jorge Mercado / Wednesday, August 4th, 2021 / Banking & Finance, Earnings, Health Care & Life Science, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Inogen sees revenue growth, but stock declines after report
Inogen, a Goleta-based medical device company specializing in portable oxygen concentrators, is starting to see its core business come back from the pandemic, and the company highlighted double-digit year-over-year growth in both earnings and revenue in its second quarter financial results, released Aug. 4. The company more than doubled its net income for the quarter Read More →