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Inogen shares plummet after news of supply chain problems

By   /  Thursday, August 5th, 2021  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen shares plummet after news of supply chain problems

Shares of the Goleta-based medical device company Inogen dropped by 27% on Aug. 5, the day after the company released its second quarter 2021 earnings. Though the maker of portable oxygen concentrators saw big increases in both revenue and earnings, uncertainty brought on by the semiconductor chip shortage led to a huge selloff of Inogen Read More →

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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  /  Comments Off on Revenue and losses both grow at Transphorm

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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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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Inphi reports record revenue, declining losses in 2020

By   /  Tuesday, February 2nd, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inphi reports record revenue, declining losses in 2020

Inphi, a Santa Clara semiconductor company with sizable operations in Thousand Oaks, reported record revenue for the fourth quarter of 2020 and a smaller net loss than the same quarter a year earlier. Inphi, which reported its earnings on Feb. 2, is in the midst of being acquired by Marvell Technology Group, a larger competitor Read More →

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Semtech reaches record highs after earnings beat

By   /  Thursday, December 3rd, 2020  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech reaches record highs after earnings beat

Semtech, a Camarillo semiconductor company specializing in Internet of Things applications, announced earnings on Dec. 2 that beat both the previous quarter and analysts’ estimates. Shares of Semtech were trading at just under $70 my midday on Dec. 3, the highest stock price in the company’s history. The company’s shares are up 23% in the Read More →

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Marvell to buy Inphi in $8B semiconductor deal

By   /  Thursday, October 29th, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Marvell to buy Inphi in $8B semiconductor deal

Marvell Technology Group, a major semiconductor company, announced Oct. 29 it will acquire Inphi, a competitor based in Santa Clara with significant operations in Thousand Oaks, in a cash and stock deal worth about $8 billion. Under the agreement, Marvell will pay Inphi shareholders $66 for each share of Inphi stock, along with 2.323 shares Read More →

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Semtech earnings beat analyst estimates

By   /  Wednesday, May 30th, 2018  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Semtech earnings beat analyst estimates

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