AppFolio changes C-Suite as income grows
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Sientra increases sales but legal settlement doubles losses
Sientra increased net sales more than 30 percent for its second quarter ended June 30 but net losses doubled to $20.4 million, or $1.07 per share. The Goleta breast implant designer and manufacturer brought in $8.2 million in sales, up from $6.2 million for the second quarter of 2016, primarily for its breast products. Its Read More →
Resonant opens office in South Korea to serve Chinese market
Resonant, the Goleta based designer of filters for mobile devices, opened a new office in South Korea after announcing a new customer in the Chinese market and the expansion of several licensing agreements with existing customers in the past six months. Jangwon Jung, formerly of Cavenish-Kinetics, was appointed as the country sales manager for South Read More →
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 →
Deckers Brands sales up 20 percent year-over-year
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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 →
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 →
