November 27, 2022
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SRAX files past-due annual report, fights Nasdaq delisting

By   /  Friday, November 4th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Subscriber content, Technology, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on SRAX files past-due annual report, fights Nasdaq delisting

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Procore beats estimates for Q3 revenue, earnings

By   /  Thursday, November 3rd, 2022  /  Banking & Finance, Earnings, Latest news, left, Regions, Santa Barbara County, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Procore beats estimates for Q3 revenue, earnings

Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

Carpinteria-based Procore reported more losses in the third quarter of 2022, but continued revenue growth and a positive outlook keeps many investors bullish on the construction software company. Procore announced its third quarter earnings after the markets closed Nov. 2. The company reported a net loss of $71.2 million, up from a net loss of Read More →

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More layoffs at Mindbody as tech firms downsize

By   /  Thursday, November 3rd, 2022  /  Latest news, Regions, San Luis Obispo County, Santa Barbara County, Technology, Top Stories, Top Story  /  Comments Off on More layoffs at Mindbody as tech firms downsize

For the second time in two and a half years, San Luis Obispo-based Mindbody has laid off a portion of its workforce, this time following a trend of technology companies across the country beginning to downsize. Mindbody, a cloud software company for the fitness industry, announced Oct. 26 that it would lay off an unspecified Read More →

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AppFolio shares up after positive earnings report

By   /  Thursday, October 27th, 2022  /  Earnings, Santa Barbara County, Technology, Tri-County Public Companies  /  Comments Off on AppFolio shares up after positive earnings report

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Teledyne: Earnings, USCG Contract, Acquisition

By   /  Thursday, October 27th, 2022  /  Government, Latest news, Technology, Top Stories, Ventura County  /  Comments Off on Teledyne: Earnings, USCG Contract, Acquisition

Teledyne Technologies beat earnings expectations for the fourth time in a row, reflecting a solid year of strong sales and net income growth. Teledyne, the Thousand Oaks-based aerospace engineering company, was expected to release quarterly earnings of about $4.30 per share according to Zacks Consensus Estimate, as compared to earnings of $4.34 a year ago. Read More →

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In Santa Barbara forum, executives talk raises, relocation and returning to the office

By   /  Friday, October 21st, 2022  /  Latest news, Subscriber content, Technology, Top Stories  /  Comments Off on In Santa Barbara forum, executives talk raises, relocation and returning to the office

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Semtech announces $300M in debt placement to help finance Sierra acquisition

By   /  Tuesday, October 11th, 2022  /  Banking & Finance, Latest news, Regions, Technology, Tri-County Public Companies, Ventura County  /  Comments Off on Semtech announces $300M in debt placement to help finance Sierra acquisition

The Camarillo-based semiconductor manufacturer Semtech will raise up to $300 million in a private debt placement to help pay for its pending acquisition of Sierra Wireless. The company announced a $250 million in convertible senior notes on Oct. 6 and upped the total to $300 million the next day. The notes will pay 1.625% interest Read More →