Teledyne earnings report shows best-ever performance in 2020
Teledyne Technologies beat analysts’ expectations when it announced its fourth quarter results Jan. 27, with a slight decrease in revenue but a bump in net income compared to the same quarter a year earlier. Teledyne, a Thousand Oaks-based industrial and scientific conglomerate, reported earnings per share of $3.48 for the fourth quarter of 2020, up Read More →
Read More →Kate Farms closes Series B round with another $9M
Plant-based meal replacement producer Kate Farms saw a new backer join its series B funding round when it announced Jan. 26 that Main Street Advisors joined Goldman Sachs and Kaiser Permanente Ventures to invest $9 million, closing the round at $60 million. Kate Farms, which is headquartered in Santa Barbara, has told the Business Times Read More →
Read More →Feds allocate $6.3 million to Ventura Harbor, Port of Hueneme
U.S. Army Corps of Engineers projects for the Port of Hueneme and Ventura Harbor will receive $6.3 million in federal funding, U.S. Rep. Julia Brownley announced Jan. 26. The money will be used for the annual dredging of Ventura Harbor and will allocate “donor port” funds for the Port of Hueneme, according to a news Read More →
Read More →SLO’s Digital West acquired by Wave Broadband
Digital West, an internet service provider based in San Luis Obispo, is joining Wave Broadband in an acquisition announced by the two companies on Jan. 26. Wave Broadband is a larger telecommunications company serving over 450,000 customers, with operations in Oregon, Washington and California. Wave has specific ties to the central coast as well, already Read More →
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Wall Street loves AeroVironment’s latest acquisition
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Read More →Community choice aggregator brings new energy option to Santa Barbara County
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Read More →Mission Produce reports earnings drop in first post-IPO filing
Revenue and net income took a hit in the fourth quarter of 2020 for Oxnard-based Mission Produce, as the company released its first earnings report on Jan. 19 since its initial public offering in October. Mission Produce reported revenue totaling $206.8 million for the quarter ended Oct. 31, which was an 11% decrease from the Read More →
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