socalTECH
NOVEMBER 11, 2014
The announcement was made as Demand Media reported its third quarter 2014 results. Demand Media reported $41.3 in revenues for the third quarter, down from $50.7M The company also reported a net loss of $223.8M, compared with a loss a year ago of $10.4M. Reason for the departure was not given.
socalTECH
MAY 7, 2014
Santa Monica-based videogame publisher Activision Blizzard said late Tuesday that it saw better than expected financial results for the first quarter of 2014. The company reported net revenues of $1.111 billion, compared with an earlier expectation of only $885M in sales. billion in sales. READ MORE>>.
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socalTECH
FEBRUARY 25, 2015
Los Angeles-based online advertising technology developer Rubicon Project > has just passed the $100M mark, reporting yesterday that its 2014 year end revenues were $125.3M. The details came as the company released its fourth quarter results, where it reported net income of $1.4M on revenues of $41.8M for the quarter.
socalTECH
JULY 27, 2015
Vizio reported net income of $44.9M billion in net sales for 2014. Vizio's major owners are founder William Wang (54.7 percent of the company), along with Taiwanese companies AmTRAN Technology (20.4%), Q-Run Holdings (8.3%), and La Jolla-based V-TW Holdings (7.7%). READ MORE>>.
Both Sides of the Table
SEPTEMBER 28, 2014
Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.
Xconomy
JULY 7, 2016
As of the end of 2015, Pernix reported a headcount of 274. In 2014, Pernix, then based in The Woodlands, TX, acquired San Diego-based Somaxon Pharmaceuticals. million in net revenue last year, its highest sales mark since becoming a public company in 2010, according to its annual report. Last year, Pernix reported a $148.3
Xconomy
JULY 27, 2016
LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million. LabCorp reported $8.5 Despite the fanfare of Sequenom’s MaterniT21, the company has had financial struggles and its earnings reports show a history of losses. million.
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