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MindBody getting closer to profitability

By   /  Friday, November 3rd, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MindBody getting closer to profitability

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Bay Area job cuts good for Tri-Counties

By   /  Friday, November 3rd, 2017  /  Central Coast, Latest news, Technology  /  Comments Off on Bay Area job cuts good for Tri-Counties

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Yardi acquires coworking platform Wun Systems

By   /  Thursday, November 2nd, 2017  /  Latest news, Real Estate, Technology  /  Comments Off on Yardi acquires coworking platform Wun Systems

Goleta real estate management company Yardi Systems announced that it has acquired Wun Systems, a coworking and workspace management platform based in Los Angeles. Wun provides software, hardware and support services for more than 80,000 members, the two companies said in a news release Nov. 1. Its management, engineering and programming team will operate out Read More →

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Increased sales at Teledyne boost net income

By   /  Thursday, November 2nd, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Increased sales at Teledyne boost net income

Sales for Thousand Oaks-based Teledyne rose more than 25 percent for the third quarter of 2017, boosting net income up 32.7 percent to $69 million, or $1.90 per diluted share. Aerospace and defense electronics sales rose 7.6 percent for the company, and engineered systems sales increased nearly 10 percent to $73.1 million. Sales in the Read More →

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Frontier revenue dips but net losses smaller

By   /  Tuesday, October 31st, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Frontier revenue dips but net losses smaller

Frontier Communications saw a slight dip in third quarter revenue but smaller net losses year-over year, the company announced Oct. 31. Revenue reached $2.25 billion, down slightly from the previous quarter and the third quarter of 2016. But the first nine months of the year saw a 6.5 percent increase in revenue over the same Read More →

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Amgen buying out joint venture Kirin-Amgen for $780 million

By   /  Tuesday, October 31st, 2017  /  Health Care, Latest news, Technology  /  Comments Off on Amgen buying out joint venture Kirin-Amgen for $780 million

Amgen, the biotech giant based in Thousand Oaks, announced that it would buy out joint venture Kirin-Amgen, which was created to develop white blood cell booster Neupogen among other projects, for $780 million. The joint venture holds intellectual property rights for Neupogen, Neulasta, Aranesp, Nplate and brodalumab. In addition to the cash deal, Amgen will Read More →

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Flir Systems reports third quarter increase in net earnings

By   /  Wednesday, October 25th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Flir Systems reports third quarter increase in net earnings

Thermal imaging device maker Flir Systems, which has large operations in Goleta, announced a 15 percent increase in its third quarter revenues, driving net earnings up 8 percent. The company saw increases in revenue across all segments, particularly its instruments, security and detection businesses, as well as a 39 percent increase in its original equipment Read More →

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