AeroVironment shares drop after earnings report
Banking & Finance, Earnings, East Ventura County, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesAeroVironment, a drone and robotics company with its chief operations in Simi Valley, delivered record revenue in the fourth quarter and full year of 2021, according to earnings released June 29, but a couple of key losses led to a year-to-year earnings drop. In the fourth quarter of its 2021 fiscal year, AeroVironment posted a Read More →
Thoma Bravo deepens investment in region with $2B acquisition of QAD
Latest news, left, Technology, Top StoriesEditor’s note: This article was originally posted June 28, and updated July 1 with additional reporting on the pending deal. The enterprise software company QAD is being acquired by Thoma Bravo in an all-cash transaction worth around $2 billion, another sign of growth in the Santa Barbara technology industry. Santa Barbara-based QAD, which provides cloud Read More →
Revenue and losses both grow at Transphorm
Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public CompaniesGoleta-based Transphorm generated a slight bump in revenue in the fourth quarter of its 2020-21 fiscal year, but net losses continued to mount for the company, according to financial results released June 24. Transphorm reported a loss of $6.5 million, or 16 cents per share, in the fourth quarter, up from a net loss of Read More →
Water agencies file suit against Santa Barbara County
Central Coast, Latest news, Law & Goverment, right, South Coast, Subscriber content, Top Stories, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Safran Cabin rebounds in Santa Maria
Central Coast, Latest news, middle, Subscriber content, Top Stories, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Trade Desk shares jump after Google says it will keep tracking cookies until 2023
Banking & Finance, Latest news, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies, West Ventura CountyGoogle will be delaying its plan to phase out third-party tracking cookies from its Chrome browser until the second half of 2023, the tech giant announced early June 24, a move that gave a big boost to Ventura-based advertising technology company The Trade Desk. Shares of The Trade Desk opened at $66.23 and shot up Read More →
Kate Farms closes $30 million credit facility
Latest news, South Coast, Tri-County EconomyKate Farms, a plant-based meal producer, secured a $30 million senior credit facility with Pacific Western Bank to help fuel the company’s further growth and expansion, the company said in a news release on June 15. “We are proud to have successfully closed this credit facility with Pacific Western Bank as they very clearly understand Read More →
