AeroVironment shares drop after earnings report
AeroVironment, a drone and robotics company with its chief operations in Simi Valley, delivered record revenue in the fourth quarter and full year of 2021, according to earnings released June 29, but a couple of key losses led to a year-to-year earnings drop. In the fourth quarter of its 2021 fiscal year, AeroVironment posted a Read More →
Revenue and losses both grow at Transphorm
Goleta-based Transphorm generated a slight bump in revenue in the fourth quarter of its 2020-21 fiscal year, but net losses continued to mount for the company, according to financial results released June 24. Transphorm reported a loss of $6.5 million, or 16 cents per share, in the fourth quarter, up from a net loss of Read More →
PPP loans in region approach $4 billion
Employers in the tri-county region received almost $4 billion in forgivable loans through the federal Paycheck Protection Program, aimed at preserving more than 450,000 jobs in the region, according to a Business Times analysis of U.S. Small Business Administration data. The PPP loan application period ended on May 31, 2021, for both the First and Read More →
With the cookiepocalypse coming, some analysts see Trade Desk as better bet than Google
With the so-called “cookie apocalypse” approaching, analysts are starting to size up the opportunities for large players in digital advertising. And while it may come as no surprise to Business Times readers, a lot of national market analysts like the opportunities in front of The Trade Desk better than those facing Alphabet, parent of digital Read More →
Trade Desk shares jump after Google says it will keep tracking cookies until 2023
Google will be delaying its plan to phase out third-party tracking cookies from its Chrome browser until the second half of 2023, the tech giant announced early June 24, a move that gave a big boost to Ventura-based advertising technology company The Trade Desk. Shares of The Trade Desk opened at $66.23 and shot up Read More →
Mission Produce CEO a finalist for Entrepreneur of the Year
Steve Barnard, the CEO of Mission Produce in Oxnard, is a finalist in the 35th annual Ernst & Young Entrepreneur Of The Year 2021 Greater Los Angeles Award, the accounting and consulting firm announced June 17. Barnard is one of 31 finalists, all of them were selected by an independent panel. The virtual award ceremony Read More →
Simi Valley not worried about AeroVironment’s headquarters move
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