Semtech shares up after company reports income and revenue growth
Banking & Finance, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura CountySemtech Corp., a Camarillo semiconductor company specializing in Internet of Things applications, saw its income and revenue rise in the first quarter of fiscal year 2021-22, thanks in large part to growth in its wireless and sensing products market. Semtech saw revenue rise 28% year-over-year to $170.4 million, the company said when it released its Read More →
Armor startup wins UCSB New Venture Competition
Higher Education, Latest news, Small Business, StartupsEEL Armor, a startup focused on creating a new and affordable lightweight armor meant to stop the penetration of bullets from assault rifles, won the 2021 New Venture Competition hosted by UC Santa Barbara’s Technology Management Program on May 20. EEL Armor also won the people’s choice award at the event, helping the company net Read More →
Amgen gets FDA approval for potential billion-dollar drug
Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, right, Top Stories, Tri-County Economy, Tri-County Public CompaniesThousand Oaks-based Amgen won approval from the U.S. Food and Drug Administration on May 28 for its latest oral drug treatment, Lumakras, potentially adding another huge market for one of the largest biotech firms in the world. According to the Wall Street Journal, Amgen will charge $17,900 a month for the drug and analyst think Read More →
Public health meets private sector with Charity Dean’s new venture
Health Care & Life Science, Latest news, South Coast, Startups, Technology, Top Stories, Top Story, Tri-County EconomyMonths into the COVID-19 pandemic, Dr. Charity Dean realized a harsh reality. She was then assistant director of the California Department of Public Health, and she knew the state and nation were literally in a do-or-die situation. “As a local health officer, I learned painfully that no one is coming to save me,” Dean, who Read More →
QAD stock rises after earnings beat
Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public CompaniesQAD, a Santa Barbara-based cloud software company for the manufacturing industry, beat analysts’ expectations with its earning for the first quarter of its 2021-22 fiscal year on May 26. QAD’s net income for the quarter was $1.8 million, or 7 cents per share, compared to a loss of $410,000 in the same quarter a year Read More →
Invoca makes first acquisition, will push company past $100M annual revenue
Latest news, right, South Coast, Technology, Top Stories, Tri-County EconomyInvoca, a marketing call analytics company based in Santa Barbara, announced its first acquisition May 24, the purchase of a Chicago-based call tracking and analytics company called DialogTech in a combined cash and stock deal. Terms of the deal were not disclosed. Invoca said the puts it on track to exceed $100 million in revenue Read More →
Ventura County Farm Bureau CEO to retire
Agribusiness, East Ventura County, Latest news, Nonprofits, Tri-County Economy, West Ventura CountyJohn Krist, the CEO of the Ventura County Farm Bureau, will retire in February after 14 years with the organization, the Farm Bureau said in a May 21 news release. Krist joined the Farm Bureau in 2008 and as the CEO he was responsible for managing the staff, daily operations and finances. He also recommended Read More →
