Tech: Even in a down year for venture capital, Santa Barbara area holds its own
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Semtech shares hit two-year low after company lowers Q3 guidance
Camarillo-based Semtech produced record revenue and earnings in the second quarter of 2022, but its shares plummeted 27% the day after its earnings release after the company’s guidances for the third quarter were well below analysts’ expectations. Semtech, a semiconductor company specializing in Internet of Things applications, saw its net income increase in the second Read More →
Goleta startup Next Energy passes test for its solar windows
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Transphorm reports shrinking loss, rising revenue
Goleta-based Transphorm just missed analysts’ expectations when it reported its first quarter earnings on Aug. 15. Transphorm, a supplier of gallium nitride power conversion products, reported an adjusted earnings per share loss of 8 cents for the quarter ended June 30, one cent higher than Zacks Consensus Estimate. The company also reported a loss of Read More →
Sonos shares down 25% after missing earnings and revenue expectations, lowering full-year guidance
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Trade Desk shares skyrocket after strong Q2 earnings report
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Energy Vault shares down after company reports Q2 loss
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