June 27, 2022
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Inogen shares plummet after news of supply chain problems

By   /  Thursday, August 5th, 2021  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen shares plummet after news of supply chain problems

Shares of the Goleta-based medical device company Inogen dropped by 27% on Aug. 5, the day after the company released its second quarter 2021 earnings. Though the maker of portable oxygen concentrators saw big increases in both revenue and earnings, uncertainty brought on by the semiconductor chip shortage led to a huge selloff of Inogen Read More →

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Inogen sees revenue growth, but stock declines after report

By   /  Wednesday, August 4th, 2021  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen sees revenue growth, but stock declines after report

Inogen, a Goleta-based medical device company specializing in portable oxygen concentrators, is starting to see its core business come back from the pandemic, and the company highlighted double-digit year-over-year growth in both earnings and revenue in its second quarter financial results, released Aug. 4. The company more than doubled its net income for the quarter Read More →

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Transphorm closes deal in Japan

By   /  Monday, August 2nd, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Transphorm closes deal in Japan

Goleta-based Transphorm announced the close of its acquisition of a Japanese-based water fabrication company on Aug. 2, alongside its new joint venture capital partner, JCP Capital. The facility, located in Aizu Wakamatsu, Japan, is considered to be the premier wafer manufacturing fab in the world for high-voltage gallium nitride power semiconductors, according to a press Read More →

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With merger, ImmPact Bio plans growth and a move to LA

By   /  Friday, July 30th, 2021  /  East Ventura County, Health Care & Life Science, Latest news, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on With merger, ImmPact Bio plans growth and a move to LA

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Westlake Village robotics firm closes $30M funding round

By   /  Thursday, July 29th, 2021  /  East Ventura County, Latest news, Startups, Technology, Tri-County Economy  /  Comments Off on Westlake Village robotics firm closes $30M funding round

InVia Robotics, a Westlake Village-based warehouse automation solution company, secured $30 million in a Series C funding round announced July 28, led by M12, Microsoft’s venture fund, and Qualcomm Ventures. To date, inVia has raised $59 million in funding. With this investment, inVia said it plans to extend its products’ reach and operational support in Read More →

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Teledyne shares rise after first earnings report since Flir acquisition

By   /  Thursday, July 29th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Teledyne shares rise after first earnings report since Flir acquisition

Teledyne Technologies crushed analysts’ expectations July 28, delivering revenue in the second quarter of 2021 that doubled its total from the same quarter a year ago, thanks in large part to its acquisition of Flir systems, an Oregon based company with significant operations in Goleta. Teledyne, a Thousand Oaks-based industrial and scientific conglomerate, generated $1.12 Read More →

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Umbra launches out of stealth mode

By   /  Friday, July 23rd, 2021  /  Latest news, right, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Umbra launches out of stealth mode

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