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Amgen reports rising revenue, warns of flat 2021

By   /  Tuesday, February 2nd, 2021  /  Banking & Finance, Biotech, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen reports rising revenue, warns of flat 2021

Amgen, one of the world’s largest biotech companies, saw rising revenue in the fourth quarter of 2020, but the COVID-19 pandemic could dampen the outlook for the company and its investors in 2021, according to earnings released Feb. 2. The Thousand Oaks-based biotech firm had $6.6 billion in revenue in the fourth quarter, a 7% Read More →

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Inphi reports record revenue, declining losses in 2020

By   /  Tuesday, February 2nd, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inphi reports record revenue, declining losses in 2020

Inphi, a Santa Clara semiconductor company with sizable operations in Thousand Oaks, reported record revenue for the fourth quarter of 2020 and a smaller net loss than the same quarter a year earlier. Inphi, which reported its earnings on Feb. 2, is in the midst of being acquired by Marvell Technology Group, a larger competitor Read More →

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Region’s tech firms join exodus to Texas

By   /  Friday, January 29th, 2021  /  Central Coast, East Ventura County, Latest news, right, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Region’s tech firms join exodus to Texas

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SoCalTech founder: It’s hard out there for startups in a pandemic

By   /  Friday, January 29th, 2021  /  Central Coast, East Ventura County, Latest news, South Coast, Startups, Subscriber content, Technology, Tri-County Economy, West Ventura County  /  Comments Off on SoCalTech founder: It’s hard out there for startups in a pandemic

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Teledyne earnings report shows best-ever performance in 2020

By   /  Wednesday, January 27th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Teledyne earnings report shows best-ever performance in 2020

Teledyne Technologies beat analysts’ expectations when it announced its fourth quarter results Jan. 27, with a slight decrease in revenue but a bump in net income compared to the same quarter a year earlier. Teledyne, a Thousand Oaks-based industrial and scientific conglomerate, reported earnings per share of $3.48 for the fourth quarter of 2020, up Read More →

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Inogen names new CEO

By   /  Wednesday, January 27th, 2021  /  Banking & Finance, Central Coast Health Watch, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen names new CEO

Inogen, a medical device company in Goleta that makes portable oxygen concentrators, named a new president and CEO on Jan. 27. Nabil Shabshab, 56, will lead the company starting Feb. 8, Inogen said. He has spent the last nine years with the medical technology company Becton Dickinson and Company, including the past three and a Read More →

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SLO’s Digital West acquired by Wave Broadband

By   /  Tuesday, January 26th, 2021  /  Central Coast, Latest news, Technology, Tri-County Economy  /  Comments Off on SLO’s Digital West acquired by Wave Broadband

Digital West, an internet service provider based in San Luis Obispo, is joining Wave Broadband in an acquisition announced by the two companies on Jan. 26. Wave Broadband is a larger telecommunications company serving over 450,000 customers, with operations in Oregon, Washington and California. Wave has specific ties to the central coast as well, already Read More →

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