SLO economy hampered by slow growth, economist says
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Chatsworth Products arrives in Simi Valley
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SRAX files past-due annual report, fights Nasdaq delisting
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Mixed earnings reports for banking and real estate companies
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Amgen income tops $2B in Q3
Thousand Oaks-based Amgen saw a slight decline in revenue for the third quarter of 2022, but a substantial increase in earnings helped the company beat analysts’ expectations and maintain its stock price. One of the largest biotechnology companies in the world, Amgen delivered net income of $2.1 billion, or $3.98 per share, in the third Read More →
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 →
