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Montecito Bank & Trust
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Transphorm reports slightly higher revenue in first quarter

By   /  Monday, August 14th, 2023  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Transphorm reports slightly higher revenue in first quarter

Goleta-based Transphorm reported its first-quarter earnings after the markets closed on Aug. 14, noting a slight raise in revenue. Transphorm, a supplier of gallium nitride power conversion products, generated $5.9 million in revenue in the first quarter up from $5.2 million in the same quarter a year ago. Moreover, the company’s net loss was $7.4 Read More →

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Vital signs: Apartment prices remain stingy across Central Coast

By   /  Friday, August 11th, 2023  /  Banking & Finance, Columns, Latest news, Personal Finance, Subscriber content  /  Comments Off on Vital signs: Apartment prices remain stingy across Central Coast

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Portfolio watch

By   /  Thursday, August 10th, 2023  /  Banking & Finance, Banking Industry, Personal Finance  /  Comments Off on Portfolio watch

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Olaplex fails to meet expectations again, lowers guidance

By   /  Wednesday, August 9th, 2023  /  Earnings, Latest news, Subscriber content, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Olaplex fails to meet expectations again, lowers guidance

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Amgen gives confidence to investors on pending purchase

By   /  Wednesday, August 9th, 2023  /  Earnings, Health Care & Life Science, Latest news, Subscriber content, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen gives confidence to investors on pending purchase

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MannKind excites investors, analysts after huge bump in sales

By   /  Wednesday, August 9th, 2023  /  Earnings, Health Care & Life Science, Latest news, left, middle, Subscriber content, Tri-County Economy, Tri-County Public Companies  /  Comments Off on MannKind excites investors, analysts after huge bump in sales

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Amgen delivers earnings beat despite acquisition headaches

By   /  Friday, August 4th, 2023  /  Earnings, Health Care & Life Science, Latest news, Tri-County Public Companies  /  Comments Off on Amgen delivers earnings beat despite acquisition headaches

Amgen delivered a sound beat of Wall Street analysts’ predictions for its second quarter of 2023 en route to posting a record revenue.  The biotech giant reported a total revenue of just under $7 billion, beating the Yahoo Finance estimate by 4.6% and causing the stock to jump up 2.3% in after-hours trading.  Amgen attributed Read More →