Ventura fiber optics firm sells operations
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Amgen doubles down on India biotech
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Inogen stock pops after earnings beat
By Julia Staley Special to the Business Times Inogen, the Goleta-based developer of portable oxygen concentrators, saw its shares increase by 44.67% after its second-quarter earnings announcement on Aug. 6. The day after the earnings announcement, shares were valued at $11.08. Share value has continued to increase with shares valued at $12.49 on Aug. 13. Read More →
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 →
26 tri-county companies represent the region on Inc. 5000 list
More than two dozen companies that call the Central Coast home earned national recognition after securing a spot on the Inc. 5000’s list of fastest-growing private companies in the United States. In total 26 tri-county-based companies earned a spot on the prestigious list, with six of those companies being ranked in the top 1,000 and the top Read More →
Biotech giant Amgen to open innovation site in India
Thousand Oaks-based Amgen will be opening a new technology and innovation site in Hyderabad, India, the biotech giant announced Aug. 9. Known as Amgen India, the site will further advance Amgen’s pipeline of medicines and will be located in HITEC City, a suburb of Hyderabad, occupying six floors of the RMZ Spire Tower 110. In a Read More →
The Trade Desk’s net income, revenue beat analysts’ Q2 expectations
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