Teledyne Flir awarded $13 million government contract
Teledyne Flir Defense, a subsidiary of Teledyne, has been awarded a $13.3 million contract by the U.S. Department of Defense to further expand the capabilities of its R80D SkyRaider unmanned aerial system to autonomously perform chemical, biological, radiological and nuclear (CBRN) reconnaissance missions, the company announced Feb. 8. Teledyne Flir, which has operations in Goleta, Read More →
Atara’s cuts down net loss in 2022
Atara Biotherapeutics recorded a lower net loss in the fourth quarter and the entirety of fiscal year 2022, but missed expectations still led to an 8% decline in after-hours trading. Atara, a South San Francisco-based immunotherapy company with its major operations in Thousand Oaks, reported a net loss of $228.3 million, or 2.24 cents per Read More →
Deckers races past third-quarter expectations behind strong Hoka sales
Deckers’ attempt to turn its running shoe brand, Hoka One One, into a billion-dollar blockbuster keeps panning out with each quarter that passes. The Goleta-based company again outpaced analysts’ expectations, this time for the third quarter of 2022, as revenue and earnings both shot up thanks in large part to the continuing growth of the Read More →
American Riviera notes rising net income for 2022
American Riviera Bancorp reported a net income of $13.5 million or $2.37 per share for fiscal year 2022 a rise from $11.8 million or $2.09 per share for the same time period last year. The increase in net income in 2022 as compared to 2021 is mostly due to loan growth, increased interest income on Read More →
Community West Bancshares nets record earnings
Community West Bancshares reported a record net income of $13.4 million or $1.51 per share in fiscal year 2022, the firm said in its earnings announcement on Jan. 27. The company’s board of directors also declared an increase of its quarterly cash dividend by 6.7% to $0.08 per common share, payable on Feb. 28 to Read More →
QAD sees major expansion ahead with Redzone acquisition
Santa Barbara-based QAD has secured its second acquisition in as many months, this time purchasing Florida-based Redzone for a reported $1 billion, the software company announced Feb. 1. QAD, which provides cloud software for the manufacturing industry, did not disclose how much the deal was worth. However, according to Reuters, the deal is worth about Read More →
Reflection and gratitude from Sansum medical director
January 20th marked three years since the first laboratory-confirmed case of COVID-19 was detected in the United States, followed a few short months later with the World Health Organization and CDC’s declaration of a global pandemic. At the time, none of us could have imagined how much our lives would be upended, or for how Read More →
