Breast implant maker Sientra narrows fourth quarter losses
Earnings, Health Care & Life Science, Latest news, Tri-County Public CompaniesGoleta-based breast implant manufacturer Sientra reduced its net losses for the fourth quarter of 2016 to $8.1 million, compared to $28.3 million for the same period the year prior. The company also reported $6.5 million in net sales for the fourth quarter of 2016, compared to $1.5 million for the same period in 2015. “The Read More →
Oppenheimers give $5.5 million to French Hospital Medical Center
Health Care & Life Science, Latest newsStory updated at 12:20 p.m. March 14: French Hospital Medical Center in San Luis Obispo has received a $5.5 million donation from Peter Oppenheimer, former chief financial officer of Apple, and his wife Mary Beth. The largest gift in the history of the hospital will be used to expand and modernize emergency services. “Built in Read More →
Limoneira narrows first quarter losses
Agribusiness, Earnings, Latest news, Tri-County Public CompaniesNet losses and operating losses for Santa Paula citrus grower Limoneira fell by almost half for the first quarter of fiscal year 2017, compared to the same period last year, on a 12 percent increase in revenue. Net loss applicable to common stock was $2.2 million for the quarter, down from $4.1 million in the Read More →
Former iPayment executives face embezzlement charges
Latest news, Law & Goverment, TechnologyThe U.S. Securities and Exchange Commission charged two former iPayment executives March 10 with causing an estimated $11.6 million in losses to the Westlake Village company through fraudulent accounting practices including false expense reimbursements and inflated invoices. Criminal charges were also brought by the U.S. Attorney’s Office for the Central District of California against the Read More →
Goleta’s Resonant expands licensing with customer
Latest news, TechnologyGoleta radio frequency front-end filter designer Resonant announced additional licensing with an existing customer March 9. The agreement provides for the development and licensing of two kinds of filters and a new design for Resonant called a Quadplexer, targeting the Chinese market. The products will use a Chip Scale Packaging design and the two filters Read More →
Santa Barbara’s Movegreen acquires Apollo Moving and Storage
Latest news, Small Business, South CoastSanta Barbara eco-friendly moving and storage company Movegreen announced its acquisition of Anaheim-based Apollo Moving and Storage, adding operations in Los Angeles, Orange, Riverside and North San Diego counties. The expansion follows the acquisition of Sheeler Moving and Storage in December, 2014, which doubled the company’s size at the time. Currently the third largest regional Read More →
Revenue up but net income down at Salem Media Group
Earnings, Latest news, Tri-County Public Companies, West Ventura CountyStory updated at 10:40 a.m. March 10: Salem Media Group, a Christian and conservative media company based in Camarillo, announced a decline in fourth quarter and full year net income, despite revenue increases. Revenues for the quarter ended Dec. 31 came to $70.7 million, up from $69.1 million for the fourth quarter of 2015. Full Read More →
