fitbit

fitbit

Pasadena-based Rockley Photonics is ramping up production of its wearable biosensors, but quarterly earnings underwhelmed due to increased expenditures, according to the company.

On Thursday, the eight-year-old company reported first quarter revenues of $1 million and a net loss of $36.2 million. By comparison, fourth quarter earnings in 2021 showed a revenue of $2.4 million and net loss of $7.1 million.

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mma.prnewswire.com

Peloton may not have killed spin classes, but there's a wave of tech-powered fitness companies trying to lure Americans away from the gym.

One of the latest, Century City-based FitOn, is betting that making sought-after celebrity trainers accessible through an at-home fitness program can convince the time-stretched and coach potatoes to sweat.

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