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Sonos earns $18.4M in 3rd quarter, but still shows a loss for the year

By   /  Monday, November 23rd, 2020  /  middle, Technology  /  No Comments

Santa Barbara’s smart speaker darling Sonos has strong quarter, but net income still deep in the red.

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Vandenberg misses out on Space Command headquarters

By   /  Friday, November 20th, 2020  /  Central Coast, Latest news, Technology, Top Stories, Top Story, Tri-County Economy  /  No Comments

The U.S. Air Force announced six finalists for the headquarters for its new U.S. Space Command on Nov. 20, and Vandenberg Air Force Base near Lompoc was not one of them. Vandenberg was one of 24 locations that was self-nominated by their local communities to serve as the headquarters. The six locations selected by the Read More →

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California moves up a notch in tech rank

By   /  Tuesday, November 17th, 2020  /  Technology  /  No Comments

California earned a No. 3 ranking in the 2020 Milken Institute State Technology and Science Index, moving up one spot from the last report in 2018 and finishing behind No. 2 Colorado and No. 1 Massachusetts. The Milken Index uses 105 metrics to determine each state’s science and technology capabilities relative to opportunities for job Read More →

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LaunchPoint EPS develops electric flight systems in Goleta

By   /  Monday, November 16th, 2020  /  right, Technology  /  No Comments

LaunchPoint EPS is yet another Goleta-based tech startup with hopes to advance its game-changing technology.

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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  /  No Comments

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 →

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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  /  No Comments

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 →

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Inphi, Marvell to form $40 billion chip giant

By   /  Monday, November 9th, 2020  /  left, Technology  /  No Comments

Marvell’s acquisition put’s Inphi’s Thousand Oaks operation in question

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