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 →
Connectpoint sees signs of growing demand for its e-signage
Latest news, Small Business, South Coast, Subscriber content, Technology, 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.
Deckers shares rise on news of record sales and earnings
Banking & Finance, Earnings, Latest news, middle, South Coast, Top Stories, Tri-County Economy, Tri-County Public CompaniesShares of Deckers Brands, the Goleta-based parent company of Ugg and other footwear brands, jumped 7% on May 20 following the announcement of its fourth quarter and full-year 2020 financial results, which included big jumps in both revenue and net income. Net sales increased 19.4% from 2019 to 2020, to $2.5 billion, the most in Read More →
Procore goes public, stock jumps 34%
Banking & Finance, Earnings, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesEditor’s note: This article was updated after the market closed at 1 p.m. to reflect Procore’s closing price. Carpinteria-based Procore Technologies began trading on the New York Stock Exchange on May 20 and saw its share price shoot up 33.7% on its first day, to close at $89.59. Procore priced shares of its initial public Read More →
Cure reports net loss, rising revenue in Q1
Banking & Finance, Earnings, Health Care & Life Science, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura CountyOxnard-based Cure Pharmaceutical saw another spike in revenue in the first quarter of 2021, but net losses also continued to grow. Cure had $1.5 million in revenue in the quarter ended March 31, up 400% from the first quarter of 2020, according to the company’s earnings report, released May 17. The bulk of that growth Read More →
