LogMeIn will layoff 90 workers at Goleta facility in restructuring
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MindBody acquires analytics firm ZeeZor
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AeroVironment misses analyst earnings estimates
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Transphorm raises $21.5M and does $112.6M reverse merger
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Tri-county stocks up amid market rally
Stocks rebounded sharply Mar. 2 on the Central Coast, mirroring the S&P 500, which jumped nearly 4 percent. The most impactful moves were among the mid- and large-cap stocks that make up the majority of publicly traded wealth for tri-county companies. They included Thousand Oaks-based Amgen, up 6.14 percent, and Teledyne Technologies, up 2.54 percent, Read More →
PBS Biotech expanding with new lease
Camarillo bioreactor maker PBS Biotech secured a long-term lease for 63,789 square feet of freestanding industrial space at 4721 Calle Carga. New York real estate advisory firm Newmark Knight Frank oversaw that transaction, which was valued at more than $2 million dollars, but the length of the lease was not announced. NKF Executive Managing Director Read More →
AppFolio revenue, earnings grow in 2019
Revenue at AppFolio climbed 33 percent in the fourth quarter to $67.3 million, while net income grew even faster, gaining 67 percent to $4.4 million. Earnings per share of 13 cents were well above analyst expectations of 3 cents per share, but a moderate outlook for fiscal 2020 and news that co-founder Klaus Schauser planned Read More →
