March 19, 2024
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As it plans IPO, Procore reports growing revenue, growing losses

By   /  Friday, March 5th, 2021  /  Banking & Finance, Latest news, left, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on As it plans IPO, Procore reports growing revenue, growing losses

Procore CEO Craig "Tooey" Courtemanche sits in his office at the company's Carpinteria headquarters (Nik Blaskovich photo)

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Five tech business trends to watch in 2021

By   /  Thursday, December 31st, 2020  /  Central Coast, East Ventura County, Health Care & Life Science, Latest news, middle, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Five tech business trends to watch in 2021

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QAD reports slight revenue dip, big earnings jump

By   /  Tuesday, November 24th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD reports slight revenue dip, big earnings jump

Profits at Santa Barbara-based software firm QAD hit $3.2 million in the third quarter of 2020, up from $125,000 in the same quarter of 2019, the company announced Nov. 24. QAD had earnings of 16 cents per share, up from just 1 cent per share a year earlier. “We made significant progress toward our long-term Read More →

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AppFolio earnings up as sale of MyCase unit closes

By   /  Monday, November 9th, 2020  /  Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio earnings up as sale of MyCase unit closes

AppFolio, the Goleta-based property management software company, beat analysts’ expectations on Nov. 9 with earnings of $3.86 per share for the third quarter of 2020, driven mainly by a sale of one of its business units. Quarterly earnings were much higher than the same quarter last year, when the company earned 14 cents per share. Read More →

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AppFolio to sell legal unit for $193M

By   /  Tuesday, September 8th, 2020  /  Banking & Finance, Latest news, Law & Goverment, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio to sell legal unit for $193M

In a move that reflects a shifting landscape for the software business, Goleta-based AppFolio said Sept. 8 that it is selling its MyCase legal practices suite of services for $193 million to a group of private equity funds. The all-cash deal concentrates AppFolio’s services in the real estate management field, where it has carved out Read More →

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Shoonya brings online language education to preschool set

By   /  Monday, August 24th, 2020  /  Higher Education, Latest news, Small Business, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy, Women Inc.  /  Comments Off on Shoonya brings online language education to preschool set

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Mindbody’s Stollmeyer to be executive chair of the board

By   /  Wednesday, July 8th, 2020  /  Central Coast, Latest news, Technology  /  Comments Off on Mindbody’s Stollmeyer to be executive chair of the board

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