SRAX files past-due annual report, fights Nasdaq delisting
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Procore beats estimates for Q3 revenue, earnings
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 →
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 →
AppFolio shares up after positive earnings report
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Teledyne: Earnings, USCG Contract, Acquisition
Teledyne Technologies beat earnings expectations for the fourth time in a row, reflecting a solid year of strong sales and net income growth. Teledyne, the Thousand Oaks-based aerospace engineering company, was expected to release quarterly earnings of about $4.30 per share according to Zacks Consensus Estimate, as compared to earnings of $4.34 a year ago. Read More →
In Santa Barbara forum, executives talk raises, relocation and returning to the office
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Semtech announces $300M in debt placement to help finance Sierra acquisition
The Camarillo-based semiconductor manufacturer Semtech will raise up to $300 million in a private debt placement to help pay for its pending acquisition of Sierra Wireless. The company announced a $250 million in convertible senior notes on Oct. 6 and upped the total to $300 million the next day. The notes will pay 1.625% interest Read More →
