Procore beats estimates for Q3 revenue, earnings
Carpinteria-based Procore reported more losses in the third quarter of 2022, but continued revenue growth and a positive outlook keeps many investors bullish on the construction software company. Procore announced its third quarter earnings after the markets closed Nov. 2. The company reported a net loss of $71.2 million, up from a net loss of Read More →
More layoffs at Mindbody as tech firms downsize
For the second time in two and a half years, San Luis Obispo-based Mindbody has laid off a portion of its workforce, this time following a trend of technology companies across the country beginning to downsize. Mindbody, a cloud software company for the fitness industry, announced Oct. 26 that it would lay off an unspecified Read More →
Houweling sued over workers’ comp claims from Camarillo greenhouse
The former owner of Houweling’s Tomatoes in Camarillo is being sued by the California Agricultural Network, which claims Casey Houweling and his company left the insurance network “holding the bag” for more than $3 million in workers’ compensation claims. In a suit filed Oct. 19 in Ventura County Superior Court, the California Agricultural Network accused Read More →
Former rocket scientist and Girl Scouts CEO shares lessons at CSUCI
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Deckers shares flat despite earnings and revenue growth
Goleta-based Deckers Brands’ second quarter 2022 soundly beat analysts’ expectations in both revenue and earnings, but the company did not raise its guidances for the full fiscal year, giving investors some caution moving forward. Deckers, which owns Ugg, Hoka One One and other footwear brands, generated net income of $101 million for the quarter, or Read More →
Santa Barbara cannabis company makes $23.5M acquisition
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Atara treatment nears European approval
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