Inogen, a medical device company in Goleta that makes portable oxygen concentrators, named a new president and CEO on Jan. 27. Nabil Shabshab, 56, will lead the company starting Feb. 8, Inogen said. He has spent the last nine years with the medical technology company Becton Dickinson and Company, including the past three and a Read More →
Goleta-based medical and surgical device company Sientra saw total net sales drop in the third quarter and a net loss of $5.8 million, or 12 cents per share, though the company said its financial performance improved in key areas. The company released its quarterly report on Nov. 9, the same day it named a new Read More →
Inogen, a Goleta-based medical technology company that produces a portable oxygen concentrator, reported a net loss of $1.7 million and missed revenue estimates in its third quarter financial report. The company saw an almost 20% drop in total revenue from its position a year before, which it attributed to COVID-19. While the company’s rental revenue Read More →
The COVID-19 pandemic continued to cut into Inogen’s revenue, as new physician referrals and patient mobility declined during a quarter usually marked by increased patient travel and demand. Revenue fell nearly 30 percent in the second quarter to $71.7 million, missing average analyst estimates, and net income of $2.7 million was down from $9.9 million Read More →
Santa Barbara-based breast implant maker Sientra filed papers Sept. 19 to raise up to $86.2 million in an initial public stock offering.
An emphasis on video processing and precision manufacturing are driving growth at Karl Storz Imaging in Goleta.
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.