<strong>Amgen defies the bear market</strong>
Thousand Oaks biotech giant posts solid results By Jorge Mercado Senior Staff Writer Thousand Oaks-based Amgen’s shares have soared to record highs, even as competitors’ stocks have been hammered by the bull market. Amgen, one of the world’s largest biotechnology companies, has been up about 25% year to date, compared to a loss of 29% Read More →
<strong>In search of a new strategy</strong>
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MannKind reports loss but record revenue for Q3
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Atara shares drop after larger Q3 loss than expected
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Arcutis reports Q3 loss, but first product revenue
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Amgen income tops $2B in Q3
Thousand Oaks-based Amgen saw a slight decline in revenue for the third quarter of 2022, but a substantial increase in earnings helped the company beat analysts’ expectations and maintain its stock price. One of the largest biotechnology companies in the world, Amgen delivered net income of $2.1 billion, or $3.98 per share, in the third Read More →
Inogen shares drop after company reports net loss
Shares of Goleta-based Inogen dropped 7.8% on Nov. 2, after the company reported earnings for the third quarter of 2022 with growing revenue but a net loss higher than last year’s. Inogen, a maker of portable oxygen containers, reported a net loss of $9.5 million, or 42 cents per share, down from a net income Read More →
