December 2, 2022
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Business groups push State Street improvement

By   /  Thursday, November 10th, 2022  /  Latest news, Santa Barbara County, Small Business, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Business groups push State Street improvement

Two influential Santa Barbara business organizations are proposing an improvement district for the city’s ailing downtown area, but some business owners have expressed reservations. The Downtown Organization of Santa Barbara and the Santa Barbara South Coast Chamber of Commerce have proposed a Community Benefit Improvement District aimed at reversing the decline of the area, including Read More →

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Real Estate: Limoneira sells Oxnard packing house property for $20M

By   /  Friday, November 4th, 2022  /  Columns, Latest news, Real Estate, Regions, Santa Barbara County, Subscriber content, Ventura County  /  Comments Off on Real Estate: Limoneira sells Oxnard packing house property for $20M

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Mixed earnings reports for banking and real estate companies

By   /  Friday, November 4th, 2022  /  Banking & Finance, Earnings, Latest news, Real Estate, Regions, Santa Barbara County, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Mixed earnings reports for banking and real estate companies

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Procore beats estimates for Q3 revenue, earnings

By   /  Thursday, November 3rd, 2022  /  Banking & Finance, Earnings, Latest news, left, Regions, Santa Barbara County, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Procore beats estimates for Q3 revenue, earnings

Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

Carpinteria-based Procore reported more losses in the third quarter of 2022, but continued revenue growth and a positive outlook keeps many investors bullish on the construction software company. Procore announced its third quarter earnings after the markets closed Nov. 2. The company reported a net loss of $71.2 million, up from a net loss of Read More →

Latest

Inogen shares drop after company reports net loss

By   /  Thursday, November 3rd, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Santa Barbara County, Tri-County Public Companies  /  Comments Off on Inogen shares drop after company reports net loss

Shares of Goleta-based Inogen dropped 7.8% on Nov. 2, after the company reported earnings for the third quarter of 2022 with growing revenue but a net loss higher than last year’s. Inogen, a maker of portable oxygen containers, reported a net loss of $9.5 million, or 42 cents per share, down from a net income Read More →

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More layoffs at Mindbody as tech firms downsize

By   /  Thursday, November 3rd, 2022  /  Latest news, Regions, San Luis Obispo County, Santa Barbara County, Technology, Top Stories, Top Story  /  Comments Off on More layoffs at Mindbody as tech firms downsize

For the second time in two and a half years, San Luis Obispo-based Mindbody has laid off a portion of its workforce, this time following a trend of technology companies across the country beginning to downsize. Mindbody, a cloud software company for the fitness industry, announced Oct. 26 that it would lay off an unspecified Read More →

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Deckers shares flat despite earnings and revenue growth

By   /  Tuesday, November 1st, 2022  /  Banking & Finance, Earnings, Latest news, left, Regions, Santa Barbara County, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers shares flat despite earnings and revenue growth

Goleta-based Deckers Brands’ second quarter 2022 soundly beat analysts’ expectations in both revenue and earnings, but the company did not raise its guidances for the full fiscal year, giving investors some caution moving forward. Deckers, which owns Ugg, Hoka One One and other footwear brands, generated net income of $101 million for the quarter, or Read More →