Cure reports net loss, rising revenue in Q1
Banking & Finance, Earnings, Health Care & Life Science, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura CountyOxnard-based Cure Pharmaceutical saw another spike in revenue in the first quarter of 2021, but net losses also continued to grow. Cure had $1.5 million in revenue in the quarter ended March 31, up 400% from the first quarter of 2020, according to the company’s earnings report, released May 17. The bulk of that growth Read More →
Procore awaits IPO
Banking & Finance, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesEditor’s note: This article was updated May 19 to reflect the fact that Procore did not begin trading that day. The Carpinteria-based software company Procore Technologies expects to raise around $615 million in an IPO scheduled for no later than May 21. The Procore IPO is on the New York Stock Exchange’s calendar for the Read More →
Apeel Sciences broadens its scope with first acquisition
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Direct Relief comes to India’s aid during COVID crisis
Health Care & Life Science, Latest news, middle, Nonprofits, Subscriber content, Top StoriesThis 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.
Revenue up at MannKind, but losses mount
Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public CompaniesWestlake Village-based biotech company MannKind saw a slight bump in revenue in the first quarter thanks to its product Afrezza, but net losses continued to climb. MannKind released its earnings after the markets closed on May 12. It ended the day down 8.6% and regained 0.25% on May 13, to close at $4.03. MannKind, which Read More →
Procore discloses projected share price for $600 million-plus IPO
Banking & Finance, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesCarpinteria-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 →
Trade Desk faces uncertainty in post-pandemic advertising market
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