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Activision Blizzard Sees Higher Than Expected Sales In Q1

socalTECH

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. billion in sales.

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Vizio Files For IPO

socalTECH

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>>.

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Pernix Therapeutics Slashes Staff to Shake Up Sales Strategy

Xconomy

Morristown, NJ-based Pernix (NASDAQ: PTX ) will cut 60 workers , mostly from its neurology sales staff, the company said today. 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. Last year, Pernix reported a $148.3

Sales 40
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

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.

Startup 383
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Business 2015 - Optimism, But Upgrade Your Strategy

Startup Professionals Musings

A November 2014 report by Kiplinger asserts that economic momentum is back on track. Many cited a greater focus on cost cutting and efficiency as the number two step to achieving growth, with increasing sales still number one. See where you can maximize this type of profit. and is working its way back to pre-recession levels.

Study 102
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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. I could go on-and-on with all of the sales-blocking messages you will hear when you try to charge for a product. That is $12 million in profits over 3 years. Who are your competitors – how much do they charge?&#.

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

I widened my net this year. Four of the companies here were founded in 2014, another three were started in 2015, and two—CureMatch and Lymber—debuted earlier this year. million in a Series D round of investment capital, according to founder and chairman Tony Farwell.