Latest California News

Lumentum: Fiscal Q1 Earnings Snapshot

Nov. 07, 2024 17:00 PM EST

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Lumentum Holdings Inc. (LITE) on Thursday reported a loss of $82.4 million in its fiscal first quarter. On a per-share basis, the San Jose, California-based company said it had a loss of $1.21. Earnings, adjusted for amortization...

CytomX Therapeutics: Q3 Earnings Snapshot

Nov. 07, 2024 17:00 PM EST

SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — CytomX Therapeutics Inc. (CTMX) on Thursday reported third-quarter profit of $5.8 million. On a per-share basis, the South San Francisco, California-based company said it had profit of 7 cents. ...

Protagonist Therapeutics: Q3 Earnings Snapshot

Nov. 07, 2024 16:58 PM EST

NEWARK, Calif. (AP) — NEWARK, Calif. (AP) — Protagonist Therapeutics Inc. (PTGX) on Thursday reported a loss of $33.2 million in its third quarter. On a per-share basis, the Newark, California-based company said it had a loss of 54 cents. The results beat Wall...

Rivian Automotive: Q3 Earnings Snapshot

Nov. 07, 2024 16:52 PM EST

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Rivian Automotive, Inc. (RIVN) on Thursday reported a loss of $1.1 billion in its third quarter. On a per-share basis, the Irvine, California-based company said it had a loss of $1.08. Losses, adjusted for one-time gains and costs, came...

Alpha Teknova: Q3 Earnings Snapshot

Nov. 07, 2024 16:51 PM EST

HOLLISTER, Calif. (AP) — HOLLISTER, Calif. (AP) — Alpha Teknova Inc. (TKNO) on Thursday reported a loss of $7.6 million in its third quarter. On a per-share basis, the Hollister, California-based company said it had a loss of 15 cents. The maker of reagents used by...

Iovance Biotherapeutics: Q3 Earnings Snapshot

Nov. 07, 2024 16:48 PM EST

SAN CARLOS, Calif. (AP) — SAN CARLOS, Calif. (AP) — Iovance Biotherapeutics Inc. (IOVA) on Thursday reported a loss of $83.5 million in its third quarter. On a per-share basis, the San Carlos, California-based company said it had a loss of 28 cents. The results...

Block: Q3 Earnings Snapshot

Nov. 07, 2024 16:48 PM EST

OAKLAND, Calif. (AP) — OAKLAND, Calif. (AP) — Block, Inc. (SQ) on Thursday reported third-quarter profit of $283.8 million. On a per-share basis, the Oakland, California-based company said it had net income of 45 cents. Earnings, adjusted for one-time gains and costs, were 88...

California wildfire burns out of control but firefighters could get a break when winds diminish

Nov. 07, 2024 16:43 PM EST

CAMARILLO, Calif. (AP) — A wildfire northwest of Los Angeles burned out of control for a second day Thursday after destroying dozens of homes, but officials said firefighters could get a break with fierce winds expected to subside by evening. More than 10,000 residents remained...

Lucid Group: Q3 Earnings Snapshot

Nov. 07, 2024 16:43 PM EST

NEWARK, Calif. (AP) — NEWARK, Calif. (AP) — Lucid Group, Inc. (LCID) on Thursday reported a loss of $992.5 million in its third quarter. On a per-share basis, the Newark, California-based company said it had a loss of 41 cents. The results fell short of Wall Street...

New details emerge in deadly Catalina Island plane crash off the Southern California coast

Nov. 07, 2024 16:40 PM EST

A new report from federal officials has revealed what happened leading up to a plane crash on a Southern California island that killed all five people aboard took off in the dark despite not having clearance to do so. The twin-engine Beechcraft 95 crashed as it was attempting to take...