AppFolio hires new chief revenue officer
Goleta-based AppFolio, a software as a service company for the real estate industry, announced Aug. 12 that it has hired Marcy Campbell as the firm’s chief revenue officer. In the newly created role, Campbell will lead the Sales and Client Services organizations, connecting the entire customer journey by accelerating customer acquisition, according to a Aug. Read More →
Inogen stock pops after earnings beat
By Julia Staley Special to the Business Times Inogen, the Goleta-based developer of portable oxygen concentrators, saw its shares increase by 44.67% after its second-quarter earnings announcement on Aug. 6. The day after the earnings announcement, shares were valued at $11.08. Share value has continued to increase with shares valued at $12.49 on Aug. 13. Read More →
Sonos earnings hindered by recent app problems
By Julia Staley Special to the Business Times Sonos’ quarter three results beat analyst estimates despite recent app glitches. The Santa Barbara-based audio equipment manufacturer held its quarter three earnings call on Aug. 7, reporting company revenue at $397.1 million, a 6% year-over-year increase. Sonos CEO Patrick Spence primarily attributed Sonos’ revenue growth to its Read More →
Olaplex sees positive signs in Q2
Montecito-based Olaplex saw revenue and earnings decrease year-over-year in the second quarter of 2024, but met analysts’ expectations. Released Aug. 6, Olaplex noted revenue worth $103.9 million, a 4.8% decrease from the same quarter a year ago. Similarly, net income fell to $5.7 million for the quarter ended June 30, a 6.1% decrease. Adjusted net Read More →
The Trade Desk’s net income, revenue beat analysts’ Q2 expectations
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Amgen’s bottom line falls in Q2, but analysts remain confident
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Procore revenue up 25%, net loss down in Q2
Carpinteria-based Procore Technologies, a construction management software company, announced its results for the second quarter on Aug. 1. For the quarter ended June 30, Procore’s revenue was $284 million, an increase of 24% year-over-year. Moreover, the company, which has never achieved a profit, substantially cut its net loss in the second quarter, suffering a loss Read More →
