June 28, 2022

		

Jorge Mercado

Jorge Mercado is a staff writer with the Business Times. His beats include technology, agriculture, cannabis, energy and the environment, and higher education.


| Monday, December 7th, 2020

MannKind makes $12.5M pharma buy

Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public Companies

MannKind Corp., a biotech company based in Westlake Village, announced Dec. 7 that it has acquired a QrumPharma, a privately held biotech company, in a $12.5 million deal. MannKind has purchased all outstanding capital stock of QrumPharma for $3.5 million in cash and just over 3 million shares of MannKind common stock. At MannKind’s stock Read More →

| Monday, December 7th, 2020

UV light startup helps restaurants go antiviral

Health Care & Life Science, Latest news, Restaurants, Small Business, Subscriber content, Technology

As a result of the COVID-19 pandemic, owners of all sorts of businesses are looking at an option for disinfecting surfaces that has long been dismissed as too expensive to use outside of hospitals: UV-C technology.

| Thursday, December 3rd, 2020

Semtech reaches record highs after earnings beat

Banking & Finance, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County

Semtech, a Camarillo semiconductor company specializing in Internet of Things applications, announced earnings on Dec. 2 that beat both the previous quarter and analysts’ estimates. Shares of Semtech were trading at just under $70 my midday on Dec. 3, the highest stock price in the company’s history. The company’s shares are up 23% in the Read More →

| Monday, November 30th, 2020

Well Health closes $45M venture round

Health Care & Life Science, left

Well Health, a Santa Barbara-based telehealth software firm—and one of the fastest-growing companies in the region—recently closed a $45 million funding round.

| Tuesday, November 24th, 2020

QAD reports slight revenue dip, big earnings jump

Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies

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 →

| Monday, November 23rd, 2020

Sonos earns $18.4M in 3rd quarter, but still shows a loss for the year

middle, Technology

Santa Barbara’s smart speaker darling Sonos has strong quarter

| Monday, November 23rd, 2020

Kate Farms secures $51 million round to finance expansion

Agribusiness, Latest news

Plant-based meal replacement company nets $51 million investment.