July 16, 2024

		

Jorge Mercado

Jorge Mercado is a staff writer with the Business Times. His beats include technology, agriculture, cannabis, energy and the environment, and higher education.


| Thursday, November 11th, 2021

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 County

Glass 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 →

| Wednesday, November 10th, 2021

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 Companies

MannKind 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 →

| Wednesday, November 10th, 2021

AppFolio reports small loss for Q3

Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies

AppFolio, 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 →

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

| Tuesday, November 9th, 2021

Procore’s revenue and losses both grew in Q3

Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies

Carpinteria-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 →

| Monday, November 8th, 2021

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 County

Shares 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 →

| Friday, November 5th, 2021

Atara reports growing losses, but plenty of cash left

Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public Companies

Atara Biotherapeutics continued seeing losses in the third quarter of fiscal year 2021, but has enough cash on hand to remain solvent as it awaits news on its tab-cel therapy treatment in early 2022. Atara, a South San Francisco-based immunotherapy based company with major operations in Westlake Village, reported net losses of $84.7 million in Read More →

| Friday, November 5th, 2021

Interlink reports rising revenue and income for Q3

Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies

Interlink Electronics, an Irvine-based sensor manufacturer with its primary research and development facility in Camarillo, reported rising revenue and net income for the third quarter of 2021. Interlink saw revenue rise 44% as the company generated $2.2 million for the quarter ended Sept. 30, according to a Nov. 4 quarterly report. The company attributed the Read More →