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By Philip Joens / Thursday, November 12th, 2015 / Health Care & Life Science, Latest news, South Coast, Top Stories, Tri-County Public Companies / Comments Off on Goleta breast implant maker Sientra shakes up C-Suite
The writing was on the wall at Sientra. On Nov. 12, the company’s top executives took the fall. The embattled Goleta-based breast implant manufacturer cleaned house Thursday afternoon. Sientra founder and CEO Hani Zeini stepped down as CEO and he will be replaced by industry veteran Jeffrey Nugent. Nicholas Simon also resigned as chairman Read More →
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By Philip Joens / Thursday, November 12th, 2015 / Latest news, Top Stories, West Ventura County / Comments Off on LA, Long Beach port closures helped Port of Hueneme
The Port of Hueneme benefitted from recent closures at the Ports of Los Angeles and Long Beach, Port of Hueneme President Jess Herrera said. Closures at the ports snarled traffic of cargo ships and left dozens of cargo ships sitting for days as they waited to be unloaded. Herrera said some traffic from Los Read More →
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By Staff Report / Wednesday, November 11th, 2015 / Earnings, Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Inogen’s third quarter earnings beat Wall Street expectations
Inogen, a Goleta-based maker of direct-to-consumer respiratory products, beat analyst estimates for revenue when the company released third quarter earnings on Nov. 10. Revenues were up 38.7 percent from $29.4 million during the third quarter of last year to $40.8 million this year. Analysts had predicted revenues of $37 million. Inogen also reported adjusted Read More →
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By Staff Report / Tuesday, November 10th, 2015 / Latest news / Comments Off on No Startup Weekend Santa Barbara this year
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 →
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By Staff Report / Monday, November 9th, 2015 / Latest news / Comments Off on Santa Barbara’s Beneflex buys Newbury Park-based Insurance Dimensions
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 →
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By Staff Report / Monday, November 9th, 2015 / Latest news, Technology, Top Stories / Comments Off on AppFolio reports strong revenue for third quarter
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 →
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By pacbiztimes / Friday, November 6th, 2015 / Central Coast, Latest news, Top Stories / Comments Off on Central Coast economy expanding
The Central Coast labor market is growing at a rate faster than the state’s, led by an all-time high in nonfarm employment, according to analysis from the Central Coast Economic Forecast. About 400 people flocked to the Madonna Inn in San Luis Obispo on Nov. 6 for the annual forecast. Chris Thornberg and Jordan Levine of Read More →
