November 29, 2022
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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 →

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As working from home becomes new norm, companies look to sublease surplus space

By   /  Friday, September 2nd, 2022  /  Latest news, Real Estate, Regions, San Luis Obispo County, Santa Barbara County, Subscriber content, Top Stories, Top Story, Ventura County  /  Comments Off on As working from home becomes new norm, companies look to sublease surplus space

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Real Estate: Procore to sublease blufftop buiding in Carpinteria; Life sciences building sold in Conejo Valley

By   /  Tuesday, August 23rd, 2022  /  Columns, Latest news, Real Estate, Regions, San Luis Obispo County, Santa Barbara County, Subscriber content, Top Stories, Ventura County  /  Comments Off on Real Estate: Procore to sublease blufftop buiding in Carpinteria; Life sciences building sold in Conejo Valley

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Procore reports growing revenue and shrinking losses, but narrowly misses analysts’ Q2 estimates

By   /  Monday, August 8th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Santa Barbara County, Subscriber content, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Procore reports growing revenue and shrinking losses, but narrowly misses analysts’ Q2 estimates

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

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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Region’s stocks slip amid market-wide slide

By   /  Wednesday, June 15th, 2022  /  Banking & Finance, Latest news, left, Regions, Santa Barbara County, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Region’s stocks slip amid market-wide slide

After years of charging forward, U.S. stocks have gone into hibernation, at least according to the common definition of a bear market: a market-wide decline of 20% or more from a recent peak. Most major indices are down at least that much from their highs earlier this year, with the biggest losses coming June 13. Read More →

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Procore shares down 44% since October, but analyst predicts rebound

By   /  Friday, January 28th, 2022  /  Banking & Finance, Latest news, right, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore shares down 44% since October, but analyst predicts rebound

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

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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January slump has many of region’s stocks near 52-week lows

By   /  Friday, January 21st, 2022  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on January slump has many of region’s stocks near 52-week lows

The stock market downturn that brought the Nasdaq close to correction territory has taken its toll on tri-county companies, with more than a dozen trading at or close to a 52-week low at the close of trading on Jan. 19. Among larger cap stocks of companies headquartered in the tri-county region, Olaplex, based in Montecito, Read More →