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Latest

AppFolio earnings up as sale of MyCase unit closes

By   /  Monday, November 9th, 2020  /  Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio earnings up as sale of MyCase unit closes

AppFolio, the Goleta-based property management software company, beat analysts’ expectations on Nov. 9 with earnings of $3.86 per share for the third quarter of 2020, driven mainly by a sale of one of its business units. Quarterly earnings were much higher than the same quarter last year, when the company earned 14 cents per share. Read More →

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Latest

Inogen misses revenue target, reports loss

By   /  Thursday, November 5th, 2020  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen misses revenue target, reports loss

Inogen, a Goleta-based medical technology company that produces a portable oxygen concentrator, reported a net loss of $1.7 million and missed revenue estimates in its third quarter financial report. The company saw an almost 20% drop in total revenue from its position a year before, which it attributed to COVID-19. While the company’s rental revenue Read More →

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Ventura County voters say yes to cannabis in early returns

By   /  Wednesday, November 4th, 2020  /  Agribusiness, Central Coast, East Ventura County, Latest news, South Coast, Top Stories, Top Story, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County voters say yes to cannabis in early returns

Preliminary election results looks like Ventura County has been given the green light for cannabis production.

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Latest

Resonant bets big on 5G equipment

By   /  Monday, November 2nd, 2020  /  Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Resonant bets big on 5G equipment

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Deckers reports earnings growth, record revenue

By   /  Thursday, October 29th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Deckers reports earnings growth, record revenue

Deckers Brands, a footwear company based in Goleta, reported increases in sales and earnings in the most recent fiscal quarter, on the strength of major sales growth by its Teva and Hoka One One brands. Its earnings report for the second quarter of 2020-21, released Oct. 29, showed revenue up 15% from the same quarter Read More →

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Santa Barbara County wine group abandons bid for BID

By   /  Thursday, October 29th, 2020  /  Agribusiness, Central Coast, Latest news, South Coast, Top Stories, Top Story, Tourism, Tri-County Economy, Wine & Viticulture  /  Comments Off on Santa Barbara County wine group abandons bid for BID

The Santa Barbara County Vintners Association has abandoned its two-year effort to establish the world’s first wine business improvement district, or BID, as an answer to its longstanding problem of lagging behind other wine regions in marketing spending. Vintners Association Executive Director Alison Laslett said in an Oct. 29 letter to members, co-signed by the Read More →

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Latest

Driven by pandemic loans, American Riviera Bank reports record earnings

By   /  Monday, October 26th, 2020  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Driven by pandemic loans, American Riviera Bank reports record earnings

American Riviera Bank saw its net income rise sharply this year, with a 46 percent increase in net income in third quarter earnings year-over-year. The Santa Barbara-based bank reported $2.26 million in net income the quarter, or 45 cents per share. For the same quarter in 2019, the bank had $1.55 million in net income, Read More →

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