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AppFolio CEO Brian Donahoo retiring

By   /  Monday, August 7th, 2017  /  Earnings, Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on AppFolio CEO Brian Donahoo retiring

Updated at 2:45 p.m.: AppFolio reported an increase in its net income and the retirement of its president and CEO Brian Donahoo effective Aug. 8. Donahoo, 53, will be replaced by Jason Randall, who has served as senior vice president for both the company’s Property Manager and MyCase divisions and held leadership and product development Read More →

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Deckers Brands sales up 20 percent year-over-year

By   /  Friday, August 4th, 2017  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Deckers Brands sales up 20 percent year-over-year

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Inogen net income up 11.3 percent for second quarter

By   /  Thursday, August 3rd, 2017  /  Central Coast Health Watch, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Inogen net income up 11.3 percent for second quarter

Net income at Inogen rose 11.3 percent for the second quarter to $8.3 million, after a 17.5 percent bump in its revenues to $64.1 million. The Goleta-based portable oxygen concentrator maker sold 32,400 units during the quarter ended June 30, up nearly 30 percent from the same period in 2016. Earnings per share rose slightly Read More →

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Sientra settles lawsuit with former manufacturer

By   /  Tuesday, August 1st, 2017  /  Central Coast Health Watch, Latest news, South Coast  /  Comments Off on Sientra settles lawsuit with former manufacturer

Goleta-based breast implant manufacturer Sientra announced the settlement of an intellectual property and contract lawsuit with its former Brazilian manufacturer Silimed on Aug. 1. Securities and Exchange Commission documents filed by Sientra state that the two companies participated in court-ordered arbitration July 27, and Sientra agreed to pay $9 million within the next 30 days, Read More →

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Net income up 15 percent at Community West Bancshares

By   /  Friday, July 28th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Net income up 15 percent at Community West Bancshares

Net income for Community West Bancshares increased nearly 15 percent for the second quarter ended June 30 to $1.6 million, or 18 cents per diluted share. Loans increased to $684.8 million, versus $564.8 million a year ago, and total assets grew 22.2 percent year-over-year to $785 million. Net interest margin dropped slightly, from 4.45 percent Read More →

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CSU Channel Islands developing housing on campus

By   /  Friday, July 28th, 2017  /  Education, Latest news, Real Estate  /  Comments Off on CSU Channel Islands developing housing on campus

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Solar tech firm Next Energy gets funding, new headquarters

By   /  Friday, July 28th, 2017  /  Energy, Latest news, South Coast, Technology  /  Comments Off on Solar tech firm Next Energy gets funding, new headquarters

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