Mindbody revenue up but so are losses
Yoga software developer MindBody reported that revenues increased, subscribers increased and net losses increased once again when the company released fourth quarter and year-end earnings Feb. 10. San Luis Obispo-based MindBody sells products and merchant processing to yoga and fitness centers worldwide. Fourth quarter revenue increased 40 percent from $20.12 million in 2014 to $28.27 Read More →
Here’s how to navigate stock market meltdown
Markets are quirky things. They sail along for a while and then wham, turbulence arrives. Twice in the past six months we’ve seen two market meltdowns — the latest put the U.S. indices deep into correction territory. My own takeaway is that we are not in the middle of a full-blown financial crisis; there’s been Read More →
AppFolio, MindBody must become profitable
AppFolio and MindBody went through growing pains in 2015, spending more money than they earned. Now, 2016 needs to be the year of profitability. On one hand, AppFolio and MindBody successfully transitioned from promising young startups into growing young companies in 2015. As we head into 2016, though, both companies have yet to answer how Read More →
San Luis Obispo’s MindBody beat analysts’ estimates but lost money
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Going public with companies fuels healthy communities in Tri-Counties
The health of our communities is directly tied to the health of our local businesses. We cannot have one without the other. Although in good economic times it is easy to lose sight of our region’s competiveness to attract and retain businesses in a world where many companies can operate from anywhere. If our communities Read More →
