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Sonos shares up after strong earnings report

By   /  Wednesday, May 12th, 2021  /  Banking & Finance, Earnings, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  No Comments

Sonos saw a record second quarter as it reported  $17.2 million in net income on May 12, up from a steep loss the year before, and beat investor expectations. The Santa Barbara-based home sound system producer went from a net loss of $52.3 million, or 48 cents per share, in the second fiscal quarter of Read More →

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Procore discloses projected share price for $600 million-plus IPO

By   /  Monday, May 10th, 2021  /  Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  No Comments

Carpinteria-based Procore Technologies plans to price its initial public offering between $60 and $65 per share, which would raise more than $600 million and give it a market capitalization of around $8 billion. Procore, a cloud software company for the construction industry, filed an amended S-1 statement on May 10 with the U.S. Securities and Read More →

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Trade Desk stock takes sharp dive after earnings report

By   /  Monday, May 10th, 2021  /  Banking & Finance, Earnings, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

Shares of The Trade Desk plummeted around 26% after the Ventura-based advertising technology company released first quarter earnings on May 10 that included a year-over-year drop in net income. The Trade Desk also announced an upcoming 10-to-1 stock split. On June 16, shareholders will receive nine shares of common stock for each share held on Read More →

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Westlake Village BioPartners makes big bet on gene therapy with Capsida

By   /  Friday, May 7th, 2021  /  Biotech, East Ventura County, Latest news, Subscriber content, Technology, Top Stories, Tri-County Economy  /  No Comments

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Amgen planning apartments on its land in Thousand Oaks

By   /  Friday, May 7th, 2021  /  Biotech, East Ventura County, Latest news, Real Estate, Subscriber content, Top Stories, Tri-County Economy  /  No Comments

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Pandemic has hastened ascent of e-commerce, trade expert tells Port of Hueneme

By   /  Friday, May 7th, 2021  /  Latest news, middle, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Since the Great Recession of 2008, the e-commerce trade has grown nearly 20% each year, and the COVID-19 pandemic has only accelerated that trend. That was one of the themes of a talk on May 4 by Marianne Rowden, the founder of TradeNerd and former president and CEO of the American Association of Importers and Read More →

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Sports businesses ramp up as training and play return

By   /  Friday, May 7th, 2021  /  East Ventura County, Latest news, left, Top Stories, Tri-County Economy  /  No Comments

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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