Inogen raises 2014 guidance after beating on Q2 profits
Shares of Goleta-based Inogen climbed 4.3 percent in after-hours trading on Tuesday as the medical-device maker reported better-than-expected second-quarter revenue and profit. The company, which went public earlier this year, makes portable at-home oxygen concentrators. Its second-quarter revenue soared 50.8 percent to $30.4 million, beating the Capital IQ Consensus Estimate by $6.5 million. Product sales Read More →
Persona signs deal to roll out 20 pizza restaurants in Florida
Santa-Barbara-based Persona Neapolitan Pizzeria has inked a franchising deal to open up to 20 stores in Florida across a 10-year span, kicking off a development plan the restaurant announced earlier this year. The State Street restaurant, which serves fast-casual, thin-crust, Neapolitan-style pizzas, is launching a string of stores in South Florida through Sager Management Read More →
80-acre home development in Orcutt sells
An 80-acre residential development in Orcutt has been sold for an undisclosed amount. The project, called Bradley Village, was purchased by an area investment group called Bradley Ventures after listing for $8 million, according to Hayes Commercial Group, which represented the buyer in the deal negotiations. Also known as Key Site 30, the project is Read More →
Startup Weekend, en Español: Entrepreneurs pitch in Santa Maria
A design for a face-mask to protect farm laborers from dust, pesticides and sun damage took home the top spot at the first Spanish Startup Weekend in the U.S. The event, held the weekend of Aug. 1-3 in Santa Maria, gathered four teams who spent 54 hours working on prototypes and presentations for their Read More →
Santa Barbara election lawsuit likely to turn into a numbers game
The lawsuit brought against the city of Santa Barbara alleging that its at-large voting system for City Council seats locks Latinos out of the political process is likely to come down to dueling data and competing experts who have a track record in other cases.
Funding farming’s future: USDA tags Tri-Counties for program
A $10 billion federal fund from the U.S. Department of Agriculture could provide much-needed assistance for developing water systems and other infrastructure in the Tri-Counties, where the region’s agriculture industry has suffered tremendous losses from the drought. The USDA has designated Ventura, Santa Barbara and San Luis Obispo counties as “drought disaster counties” as Read More →
