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 →
Olaplex fails to meet expectations again, lowers guidance
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Amgen gives confidence to investors on pending purchase
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MannKind excites investors, analysts after huge bump in sales
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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 →
AppFolio’s investments in AI paying off
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Hoka sees growth, but the rest of Deckers’ footwear sales struggle
Goleta-based Deckers Brands announced its earnings report for the first quarter after the markets closed on July 27 and behind the news that the majority of its footwear brands hit a snag, some investors have lowered their opinion on the stock. Deckers reported revenue worth $675.8 million, a 10% increase compared to $614.5 million in Read More →