Olaplex’s struggles continue as earnings miss estimates
Montecito-based Olaplex missed analyst expectations in both revenue and net income when it announced its earnings for the third quarter of 2024. Announced Nov. 7, Olaplex noted that sales decreased 3.6% to $119.1 million in the third quarter of 2024.As a result, net income decreased 27.3% to $14.7 million and adjusted net income decreased 13.8% Read More →
Procore cuts down on losses, keeps growing sales
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Deckers, Hoka continue leading the footwear pack
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Amgen, investors focused on obesity drug candidate
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Mission Wealth expands California presence with merger
Mission Wealth Management, a financial planning and wealth management firm with over $9.4 billion in client assets under management, has acquired with JLFranklin Wealth Planning, a financial advisory firm. Announced Oct. 28, this marks the third partnership for Mission Wealth in 2024 and further solidifies its presence in the San Francisco Bay Area. JLFranklin Wealth Planning was founded in 1999 by Joyce L. Franklin with over $235 million in Read More →
Community West Bank announces third quarter earnings
Community West Bancshares, the parent company of Community West Bank headquartered in Goleta, announced earnings for the third quarter of 20234 on Oct. 24. According to the report, Community West reported $3.4 million in net income, up from a net loss of $6.3 million in the second quarter of 2024, but down from a net Read More →
Teledyne sees record revenue, net income in third quarter
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