AppFolio revenue up in 2015 but so were losses
AppFolio had another strong year but losses nearly doubled as the company expanded in 2015. Goleta-based AppFolio, which makes property management software for small- to medium-sized businesses, released fourth quarter earnings and 2015 earnings results after markets closed Feb. 22. Yearly revenue increased 57 percent in 2015 to about $75 million. Fourth quarter revenues also Read More →
LTC Properties beats analyst projections
Westlake Village-based LTC Properties beat analyst projections of rental revenue and funds from operations per share in its fourth quarter earnings report. LTC is a real estate investment trust that buys facilities such as nursing homes. Investors in such companies often use funds from operations as a substitute for earnings per share because it takes depreciation Read More →
Founder Hani Zeini resigns from Sientra board of directors
Sientra Chairman and CEO Jeffrey Nugent sent a letter to plastic surgeons on Feb. 19 announcing that the Goleta breast implant maker’s founder and former CEO Hani Zeini has resigned from Sientra’s board of directors. “We will be forever grateful to Hani for his vision and unwavering dedication to Sientra since its founding. Hani has been incredibly Read More →
Entrepreneurs pitch companies to investors at Startup Week Conejo Valley
Nine entrepreneurs pitched their companies to regional investors in Thousand Oaks on Feb. 18. Companies from around the region and country pitched to investors, friends and family in attendance at the event by small business advocacy group 805 startups at the Thousand Oaks Civic Arts Plaza. The event was part of Startup Week Conejo Valley, Read More →
Chase Bar and Grill in Santa Barbara changes ownership
Chase Bar and Grill in downtown Santa Barbara has changed ownership with the help of Community West Bank and Cal Coastal. Jackie Mathis is the new owner and George Merino was the restaurant’s former owner. Mathis is a Camarillo resident who served in the U.S. Air Force, where he managed food and beverage operations. Merino Read More →
Cal Poly SLO technology park to be expanded
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Santa Barbara company sells mattresses only online
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