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Revenue and losses both grow at Transphorm

By   /  Friday, June 25th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  No Comments

Goleta-based Transphorm generated a slight bump in revenue in the fourth quarter of its 2020-21 fiscal year, but net losses continued to mount for the company, according to financial results released June 24. Transphorm reported a loss of $6.5 million, or 16 cents per share, in the fourth quarter, up from a net loss of Read More →

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Sientra reports bigger losses but rebound in sales in fourth quarter

By   /  Thursday, March 11th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sientra reports bigger losses but rebound in sales in fourth quarter

Goleta-based breast implant maker Sientra reported a small decline in net sales over the final three months of 2020 and a net loss bigger than the previous year’s fourth quarter, in an earnings report released March 11. Sientra had a net loss of $21.2 million in the fourth quarter, or 42 cents per share, more Read More →

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Transphorm reports net loss, revenue dip

By   /  Tuesday, March 9th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Transphorm reports net loss, revenue dip

Goleta based Transphorm suffered a net loss in the fourth quarter of 2020 but more than quadrupled its assets over the past year as it continued to make its name in the semiconductor industry. Transphorm, a supplier of gallium nitride power conversion products, generated revenue of $2 million in the fourth quarter of 2020, the Read More →

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AppFolio posts loss in fourth quarter

By   /  Monday, March 1st, 2021  /  Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio posts loss in fourth quarter

AppFolio, a Goleta-based property management software company, failed to meet analysts’ expectations with a net loss in the fourth quarter of 2020. Analysts tracked by Zacks Equity Research had predicted earnings per share of 13 cents, similar to AppFolio’s performance in the fourth quarter of 2019. Instead, the company suffered a net loss of $513,000 Read More →

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AppFolio building in Goleta sold

By   /  Tuesday, January 12th, 2021  /  Real Estate, South Coast, Technology, Tri-County Economy  /  Comments Off on AppFolio building in Goleta sold

The three-building complex in Goleta that holds the AppFolio headquarters was sold, the commercial real estate firm CBRE announced Jan. 12. The 165,905-square-foot campus at 50-90 Castilian Drive was sold to Shopoff Realty Investments and Praelium Commercial Real Estate for an undisclosed amount, CBRE said. CBRE’s Sean Sullivan, Mike Longo, Todd Tydlaska and Will Pike Read More →

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Dubroff: Teledyne’s acquisition of Flir could turn the 101 corridor into ‘Sensor Alley’

By   /  Friday, January 8th, 2021  /  Columns, Latest news, Subscriber content  /  Comments Off on Dubroff: Teledyne’s acquisition of Flir could turn the 101 corridor into ‘Sensor Alley’

Henry Dubroff

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Flir’s Goleta infrared operation a big target of $8B Teledyne acquisition

By   /  Thursday, January 7th, 2021  /  Banking & Finance, East Ventura County, Latest news, South Coast, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Flir’s Goleta infrared operation a big target of $8B Teledyne acquisition

For more than a decade, Teledyne Technologies has been attempting to get into the uncooled infrared market. With its acquisition of Flir Systems, announced Jan. 4, the multinational conglomerate based in Thousand Oaks might finally have the perfect opportunity to enter the commercial infrared space with a splash. Teledyne plans to spend approximately $8 billion Read More →

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