Trade Desk reports record revenue in 2020, but shares drop with no 2021 guidance
The Trade Desk ended its 2020 fiscal year on strong note, with 26% growth in revenue and 123% growth in net income from 2019, according to the fourth quarter and full year financial results the Ventura-based internet advertising company released Feb. 18. Trade Desk CEO Jeff Green spotlighted the company’s continued market share gain, as Read More →
Read More →Arcutis shares flat on earnings report
Arcutis Biotherapeutics saw a steep rise in operating expenses resulting in a 183% increase in net loss compared to the previous year when the company revealed its fourth quarter and full-year financial results on Feb. 16. However, the Westlake Village biotech company is still in high spirits, as the company is in a “strong financial Read More →
Read More →Santa Barbara Film Festival to build drive-in theaters for distanced screenings
The Santa Barbara International Film Festival plans to create two beachside drive-in theaters so that the public can attend film screenings in a socially distanced environment, event organizers announced Feb. 16. The 36th Santa Barbara International Film Festival will be hosted online and in person from March 31 through April 10, and will include more Read More →
Read More →Lack of masks, insufficient translations: Farmworkers tell of COVID response problems
For months, many farmworkers in the tri-county region and the rest of California, especially indigenous workers who speak neither Spanish nor English, were not properly informed of the dangers of COVID-19, leading to outbreaks and poor working conditions. Despite being labeled essential workers by the state, farmworkers often felt ignored, according to a recent study Read More →
Read More →Conejo Valley braces for Amgen layoffs
Biotech giant Amgen is in the process of laying off hundreds of workers, including as many as 100 at its Thousand Oaks headquarters. According to a spokesperson for the company, approximately 500 workers will be let go beginning April 2, with fewer than 20% of those workers located in Thousand Oaks. Amgen employs around 22,000 Read More →
Read More →Sonos shares rise on earnings beat
Sonos saw a big bump in its stock after the markets closed Feb. 10 after the Santa Barbara-based home audio company released a strong earnings report for the first quarter of its fiscal year 2021. Sonos saw an 87% increase in net income and a 15% increase in revenue for the quarter that ended Jan. Read More →
Read More →Amgen to lay off hundreds, including in Thousand Oaks
Biotech giant Amgen is in the process of laying off hundreds of workers, including as many as 100 at its Thousand Oaks headquarters. According to a spokesperson for the company, approximately 500 workers will be let go beginning April 2. Less than 20% of those workers are located in Thousand Oaks. Amgen employs around 22,000 Read More →
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