Sonos earnings hindered by recent app problems
By Julia Staley Special to the Business Times Sonos’ quarter three results beat analyst estimates despite recent app glitches. The Santa Barbara-based audio equipment manufacturer held its quarter three earnings call on Aug. 7, reporting company revenue at $397.1 million, a 6% year-over-year increase. Sonos CEO Patrick Spence primarily attributed Sonos’ revenue growth to its Read More →
UC Santa Barbara Chancellor Yang stepping down
After three decades on the job, UC Santa Barbara Chancellor Henry Yang announced Aug. 14 that he is stepping down at the end of the coming academic year. Yang is the longest-serving Chancellor in UC history, having held the title at UCSB since 1994. “It is with the greatest honor and appreciation that I write to share Read More →
CRE: Commercial sales still struggling, Hayes report finds
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Procore revenue up 25%, net loss down in Q2
Carpinteria-based Procore Technologies, a construction management software company, announced its results for the second quarter on Aug. 1. For the quarter ended June 30, Procore’s revenue was $284 million, an increase of 24% year-over-year. Moreover, the company, which has never achieved a profit, substantially cut its net loss in the second quarter, suffering a loss Read More →
Deckers continues delivering strong performances quarter after quarter
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Live Data keeps real-time information on employment status
With more information at our fingertips now than ever before, it can actually be much more overwhelming to find the necessary data despite it being readily available. J. Scott Hamilton, founder, president and CEO of Live Data Technologies, noticed this problem when he was leading sales, business and operations teams. “He would walk around the Read More →
Tighe to step down as Direct Relief’s CEO at year’s end
Santa Barbara-based Direct Relief, one of the largest humanitarian organizations in the world, announced that longtime President and CEO Thomas Tighe will be stepping down from his role at the end of the year. Tighe has been Direct Relief’s chief executive for the past 24 years, leading the organization and expanding its critical work around Read More →
