Net losses up at Resonant in Q3
Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public CompaniesNet losses grew for Resonant in the third quarter of 2021, as the company announced an expanded multi-year agreement with its manufacturing partner. Resonant, which is based in both Santa Barbara and Austin, Texas, provides radio frequency filters for multiple applications, including 5G cellular devices. The company generated $400,000 in revenue for the third quarter, Read More →
Sientra misses earnings expectations but shares still gain after Q3 report
Banking & Finance, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public CompaniesGoleta-based Sientra missed analysts’ expectations when it released financial results for the third quarter of 2021 on Nov. 10, posting a net loss when accounting for certain one-time factors such as the relief of its paycheck protection program loan. Sientra, a plastic surgery device company specializing in breast implants, had net income of $28.4 million Read More →
Glass House reports revenue growth but more losses as it converts massive Camarillo greenhouses
Agribusiness, Banking & Finance, Earnings, Latest news, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyGlass House Brands, a cannabis grower in Santa Barbara and Ventura counties and retailer and wholesaler statewide, saw both its revenue and net losses grow in the third quarter. Glass House, which has its headquarters in Long Beach but most of its operations on the Central Coast, delivered revenue of $17.2 million in the third Read More →
MannKind reports higher revenue, lower losses in Q3
Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesMannKind Corp. reported a substantial rise in revenue and a shrinking net loss in the third quarter of 2021 on Nov. 9, despite news since the quarter ended that the U.S. Food and Drug Administration will not yet approve a hypertension treatment the company is developing with United Therapeutics. MannKind, a Westlake Village-based biotechnology company Read More →
AppFolio reports small loss for Q3
Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesAppFolio, a Goleta-based property management software company, fell just short of breaking even during the third quarter of 2021, missing analysts’ expectations despite delivering a slight revenue beat. AppFolio, which has seen earnings decline in each of the past three quarters, delivered a net loss of $101,000 in the third quarter of 2021, down from Read More →
Procore’s revenue and losses both grew in Q3
Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public CompaniesCarpinteria-based Procore Technologies saw its losses continue to mount but its revenue continue to accelerate when the company released its financial results for the third quarter of 2021 on Nov. 4. Procore, a construction software management company, had revenue increase 30% year-over-year, to $132 million in the third quarter of 2021, as the company lso Read More →
Trade Desk shares jump 30% on Q3 earnings report
Banking & Finance, Earnings, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyShares of The Trade Desk jumped nearly 30% on Nov. 8, following the company’s announcement of its third quarter earnings, which beat analysts’ expectations and highlighted continued growth for one of the leading companies in the advertising technology space. The Trade Desk, a Ventura-based ad tech company, delivered net income in the third quarter of Read More →
