March 1, 2024
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Latest

As COVID cases rise, region takes step back on road to re-opening

By   /  Monday, November 16th, 2020  /  Central Coast, East Ventura County, Health Care & Life Science, Latest news, Law & Goverment, Restaurants, Small Business, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on As COVID cases rise, region takes step back on road to re-opening

The entire tri-county region is going back into the most restrictive tier of California’s pandemic reopening system, as a rise in cases across the state forced Gov. Gavin Newsom to take emergency action. Under the state’s rules, all three counties would have re-entered the purple tier on Nov. 24, the Tuesday before Thanksgiving, if case Read More →

Latest

Resonant reports growing revenue, shrinking losses

By   /  Tuesday, November 10th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Resonant reports growing revenue, shrinking losses

Resonant, a Goleta-based cellular technology company, reported its third quarter earnings on Nov. 10 with a net loss of $6.1 million, or 11 cents per share. That was an improvement upon the same quarter a year ago, where Resonant had a net loss of $7.4 million, or 26 cents per share. Revenue in the third Read More →

Latest

Sientra shares up on news of earnings, new CEO

By   /  Tuesday, November 10th, 2020  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sientra shares up on news of earnings, new CEO

Goleta-based medical and surgical device company Sientra saw total net sales drop in the third quarter and a net loss of $5.8 million, or 12 cents per share, though the company said its financial performance improved in key areas. The company released its quarterly report on Nov. 9, the same day it named a new Read More →

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 →

Latest

Inogen misses revenue target, reports loss

By   /  Thursday, November 5th, 2020  /  Banking & Finance, Earnings, Health Care & Life Science, 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 →

Latest

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.

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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