Staff Report | Thursday, November 19th, 2015
Earnings,
Latest news,
Tri-County Public Companies Semtech, a Camarillo-based maker of semiconductors for cell phones and electronic devices, missed analyst estimates slightly when the company reported third quarter results Nov. 18. Semtech reported earnings per share of 16 cents. Analysts had expected earnings per share of 24 cents. Semtech slightly exceeded analyst revenue estimates of $115.4 million by posting earnings of Read More →
Staff Report | Tuesday, November 17th, 2015
Central Coast,
Health Care & Life Science,
Latest news,
Top Stories French Hospital Medical Center has taken the wraps off an 18,000-square-foot health and education facility it hopes will forge closer ties between the hospital and higher education in San Luis Obispo. With about 200 business and community leaders standing by, CEO Alan Iftinik unveiled the Copeland Health Education Pavilion. Iftinik said the building, which Read More →
Staff Report | Tuesday, November 17th, 2015
Latest news,
South Coast,
Top Stories Citrix Systems Inc., the cloud-services company, is planning to cut about 1,000 jobs and spin off its Goleta-based GoToMeeting division rather than sell the online meeting organizer, it announced Nov. 17. Activist investor Elliott Management Corp. has been calling for change at the software firm. Citrix also noted that it would restructure its labor force, Read More →
Staff Report | Tuesday, November 10th, 2015
Latest news Startup Weekend Santa Barbara will not be happening this year. The event was held the second weekend in November each of the past two years. Santa Barbara startup NextMover won the inaugural event in 2013. NextMover provided users with a cheap alternative to moving companies by connecting people with owners of large vehicles that wanted Read More →
Staff Report | Monday, November 9th, 2015
Latest news Santa Barbara-based Beneflex Insurance Services recently acquired Newbury Park-based Insurance Dimensions. Beneflex helps small- and medium-sized companies in the tri-county region navigate Affordable Care Act compliance and other issues regarding employee benefits. It acquired Insurance Dimensions on Oct. 1 to increase its client base throughout Santa Barbara and Ventura counties and benefit from owner/operator Aline Read More →
Staff Report | Monday, November 9th, 2015
Latest news,
Technology,
Top Stories AppFolio founder and chief strategist Klaus Schauser Santa Barbara-based cloud computing firm AppFolio said revenue jumped 56 percent to $20.3 million for the third quarter as losses grew to $4.8 million. The company, which specializes in providing business-to-business cloud services, said that it had increased both law firm and property management Read More →