Santa Barbara software company QAD had a fiscal second-quarter loss of $1.2 million or 6 cents per share, the company reported Aug. 24. Total revenue for the second quarter was $76 million, up from $69.8 million for the fiscal 2017 second quarter. Subscription revenue, which is 23 percent of total revenue, grew 41 percent year-over-year. The company Read More →
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Plains All American Pipeline has filed paperwork to rebuild a pair of aging oil pipelines in the Tri-Counties, including a line that caused the worst oil spill in decades on the Central Coast. Plains said on Aug. 16 that it has filed a plan with Santa Barbara County to rebuild Line 901, which broke in 2015, Read More →
Second quarter revenues remained flat at $8.4 million for Clean Diesel Technologies compared to 2016 but net losses increased to $385,000. The Oxnard-based company makes emissions control technology for diesel vehicles. A cost cutting initiative helped bring operating expenses down to $2.3 million for the quarter ended June 30, less than half what they were Read More →
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Revenues for Port Hueneme-based immunotherapy developer Stellar Biotechnologies fell to $20,000 for its fiscal third quarter, about a ninth what it was for the same quarter the prior year. The slump in sales was a product of lower volume orders for the three months ended June 30, the company said in an earnings release Aug. Read More →