Sales and losses both rise at Sientra
Sientra missed estimates and almost doubled its net loss over the course of a year, but saw increases in net sales and gross profit as well as decreases in operating expenses, according to its first-quarter earnings report, released May 11. The Goleta-based medical aesthetics company saw a net loss of $54.7 million, or $1.01 per Read More →
AppFolio down 5% after reporting lower earnings and higher expenses in first quarter
AppFolio, a Goleta-based property management software developer, saw its net income drop more than 75% over the past year in an earnings report released May 10. The company reported net income of $479,000, or 1 cent per share, for the first quarter of 2021, down from $1.98 million, or 6 cents per share, in the Read More →
Procore discloses projected share price for $600 million-plus IPO
Carpinteria-based Procore Technologies plans to price its initial public offering between $60 and $65 per share, which would raise more than $600 million and give it a market capitalization of around $8 billion. Procore, a cloud software company for the construction industry, filed an amended S-1 statement on May 10 with the U.S. Securities and Read More →
Trade Desk faces uncertainty in post-pandemic advertising market
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Westlake Village BioPartners makes big bet on gene therapy with Capsida
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Amgen planning apartments on its land in Thousand Oaks
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Opinion: California’s road to decarbonization
By David Lea, Kyle Meng, Olivier Deschenes, Ranjit Deshmukh and Paige Weber The world is jointly confronting two pressing issues: climate change and rising inequality. These problems are also intricately linked. The imperative to address climate change is overlaid on a world that is deeply unequal, which is likely to worsen under climate change. Yet, Read More →
