Inogen shares nosedive after poor fourth-quarter earnings
Shares of Goleta-based Inogen have nosedived 32% in the days since the company’s fourth quarter and full-year earnings results. Inogen, a maker of portable oxygen containers, announced on Feb. 23 that it suffered a net loss of $56.6 million for the quarter ended Dec. 31, up substantially from a net loss of $22.8 million in Read More →
Wyatt Tech will keep strong Goleta presence
Legacy is very important to the Wyatt family. That is why the executive team at Wyatt Technology ensured that although it is being sold to Waters Corporation with a $1.36 billion price tag, announced on Feb. 15, its impact on the Santa Barbara community will not waver. “Protecting our employees and their jobs in the Read More →
Procore aims for lower net loss, continued high growth in 2023
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The Trade Desk outperforms competition to close out fiscal year
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Wyatt Technology acquired for $1.3 billion
Santa Barbara-based Wyatt Technology has been acquired for $1.36 billion by Waters Corporation, a publicly traded analytical laboratory instrument manufacturing company, the two parties announced on Feb. 15. The transaction is expected to close in the second quarter of 2023. Kirkland & Ellis LLP is serving as legal counsel to Waters, while Wyatt’s legal counsel Read More →
QAD remains committed to Santa Barbara, sets sight on new vision following acquisition
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Teledyne Flir awarded $13 million government contract
Teledyne Flir Defense, a subsidiary of Teledyne, has been awarded a $13.3 million contract by the U.S. Department of Defense to further expand the capabilities of its R80D SkyRaider unmanned aerial system to autonomously perform chemical, biological, radiological and nuclear (CBRN) reconnaissance missions, the company announced Feb. 8. Teledyne Flir, which has operations in Goleta, Read More →
