November 14, 2024
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Montecito Bank & Trust
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Energy Vault reports rising revenue, declining losses during IPO quarter

By   /  Monday, May 16th, 2022  /  Banking & Finance, Earnings, Energy, Latest news, Regions, Technology, Tri-County Public Companies, Ventura County  /  Comments Off on Energy Vault reports rising revenue, declining losses during IPO quarter

In its first quarter as a publicly traded company, Energy Vault reported growing revenue and a net loss that it attributed to its public offering and other one-time costs, as the Westlake Village-based company continues to expand deployments of its energy storage systems. Energy Vault, which uses a gravity-based system to store and release energy Read More →

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Glass House Brands reports net loss in Q1 amid decline in wholesale cannabis prices

By   /  Thursday, May 12th, 2022  /  Agribusiness, Banking & Finance, Earnings, Latest news, Regions, Santa Barbara County, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Glass House Brands reports net loss in Q1 amid decline in wholesale cannabis prices

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Sientra reports growing revenue, shrinking losses in Q1

By   /  Thursday, May 12th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Santa Barbara County, Subscriber content, Tri-County Public Companies  /  Comments Off on Sientra reports growing revenue, shrinking losses in Q1

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Sonos shares spike after earnings report

By   /  Wednesday, May 11th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Santa Barbara County, Subscriber content, Technology, Tri-County Public Companies  /  Comments Off on Sonos shares spike after earnings report

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Olaplex reports growth in sales, profits

By   /  Wednesday, May 11th, 2022  /  Banking & Finance, Earnings, Latest news, left, Regions, Santa Barbara County, Subscriber content, Top Stories, Tri-County Public Companies  /  Comments Off on Olaplex reports growth in sales, profits

Olaplex, a Montecito-based hair care products company, reported big increases in revenue and net income in its earnings report for the first quarter, released May 11. Olaplex had just under $62 million in net income in the first quarter of 2022, a 36.1% increase over the first quarter of 2021. Net sales hit $186.2 million Read More →

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Revenue down and losses up at MannKind

By   /  Wednesday, May 11th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Revenue down and losses up at MannKind

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Arcutis reports Q1 loss, progress toward product launch

By   /  Wednesday, May 11th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Subscriber content, Tri-County Public Companies, Ventura County  /  Comments Off on Arcutis reports Q1 loss, progress toward product launch

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