QAD reports solid second quarter earnings
Santa Barbara enterprise software firm QAD said it earned 3 cents per share or $600,000 in its fiscal second quarter on revenue of $69.8 million. When adjusted for non-cash items such as stock option expenses and amortization costs, earnings were 15 cents per share, the company said. The results reflect QAD’s accelerated transition from a Read More →
Plaintiffs file for class certification in Refugio oil spill lawsuit
A class of plaintiffs who claim to be injured by the Refugio oil spill filed for class certification. After Plains All American Pipeline’s corroded Line 901 ruptured on May 19, 2015 and spilled an estimated 123,000 gallons of oil along the Gaviota Coast, 21,000 gallons of which seeped into the ocean, fisheries were closed, oil Read More →
Lakers may hold training camp in Santa Barbara
The Los Angeles Lakers are in discussions with UC Santa Barbara to hold training camp in Santa Barbara this year. A university official confirmed the discussions on Aug. 25 but told the Business Times that no agreement has been reached and an official announcement will be made if a deal is finalized. The Orange County Read More →
San Luis Obispo’s REC Solar names new CEO
Former Duke Energy executive Matt Walz replaced Al Bucknam as CEO of San Luis Obispo-based REC Solar, the company announced Aug. 24. Walz previously served as the vice president of marketing and later as the vice president of commercial solar for Duke Energy in the Cincinnati area. He replaces Bucknam, who joined REC Solar in Read More →
Ventura’s The Trade Desk to hold $86.2M IPO
Ventura-based digital marketing firm The Trade Desk filed documents Aug. 22 with the Securities and Exchange Commission saying it intends to go public. The Trade Desk did not say in the early filing with the SEC what it intends to price its stock at. The filing said though the company intends to offer a maximum Read More →
Limoneira not affected by California wildfires
Santa Paula-based Limoneira said Aug. 22 that the company is not being affected by the current wildfires in California. In addition, the company reiterated its fiscal year 2016 guidance ranges and announced that it will report its financial results for the third quarter ended July 31, 2016 on Sept. 8, 2016. For the fiscal year Read More →
Capps honored for work on safe rental car law
U.S. Rep. Lois Capps, D-Santa Barbara, was honored Aug. 19 by Consumers for Auto Reliability and Safety for her leadership in helping pass the Raechel and Jacqueline Houck Safe Rental Car Act of 2015. Since 2012, Capps has been working with Ventura County resident Cally Houck, whose daughters Raechel and Jacqueline Houck were killed in Read More →
