Jorge Mercado is a staff writer with the Business Times. His beats include technology, agriculture, cannabis, energy and the environment, and higher education.
Profits at Santa Barbara-based software firm QAD hit $3.2 million in the third quarter of 2020, up from $125,000 in the same quarter of 2019, the company announced Nov. 24. QAD had earnings of 16 cents per share, up from just 1 cent per share a year earlier. “We made significant progress toward our long-term Read More →
Advocates of Vandenberg Air Force base as the headquarters for the U.S. military’s new Space Command say they’re not giving up, despite the omission of the Lompoc-area base from the list of finalists for the site. The U.S. Air Force announced its finalists on Nov. 19. The six locations are in New Mexico, Nebraska, Florida, Read More →
California earned a No. 3 ranking in the 2020 Milken Institute State Technology and Science Index, moving up one spot from the last report in 2018 and finishing behind No. 2 Colorado and No. 1 Massachusetts. The Milken Index uses 105 metrics to determine each state’s science and technology capabilities relative to opportunities for job Read More →
Resonant, a Goleta-based cellular technology company, reported its third quarter earnings on Nov. 10 with a net loss of $6.1 million, or 11 cents per share. That was an improvement upon the same quarter a year ago, where Resonant had a net loss of $7.4 million, or 26 cents per share. Revenue in the third Read More →