April 18, 2024
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AeroVironment expands into ground robotics with German acquisition

By   /  Friday, December 11th, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment expands into ground robotics with German acquisition

AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash.

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Resonant reports growing revenue, shrinking losses

By   /  Tuesday, November 10th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Resonant reports growing revenue, shrinking losses

Resonant, a Goleta-based cellular technology company, reported its third quarter earnings on Nov. 10 with a net loss of $6.1 million, or 11 cents per share. That was an improvement upon the same quarter a year ago, where Resonant had a net loss of $7.4 million, or 26 cents per share. Revenue in the third Read More →

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Trade Desk soars above $700 per share on strong earnings report

By   /  Thursday, November 5th, 2020  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Trade Desk soars above $700 per share on strong earnings report

Ventura-based advertising technology developer The Trade Desk delivered strong third quarter financial results on Nov. 5, including growth in revenue, net income and earnings per share that exceeded analysts’ expectations. “Despite the headwinds of a global pandemic, we had healthy growth in the third quarter, far surpassing our own expectations,” founder and CEO Jeff Green Read More →

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Resonant reports earnings bump

By   /  Wednesday, October 7th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Resonant reports earnings bump

Resonant, the Goleta-based maker of components for wireless devices, reported a sharp increase in sales and a reduced cash burn for its third quarter ended Sept. 30. The company said revenue jumped to $1.4 million, compared to $79,000 in the same quarter a year ago and $600,000 in the second quarter, as it received a Read More →

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AeroVironment’s revenue up, profit down

By   /  Wednesday, September 9th, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment’s revenue up, profit down

AeroVironment, the Simi Valley-based drone maker, said revenue in its first quarter grew slightly to $87.4 million as the company’s profit fell to 42 cents per share from 71 cents a year earlier. “We are on track to achieve our fiscal year 2021 plans and deliver another year of profitable top line growth, despite the Read More →

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Pandemic has silver lining for Trade Desk

By   /  Thursday, August 6th, 2020  /  Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Pandemic has silver lining for Trade Desk

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South Coast business, tech and nonprofit leaders to be lauded

By   /  Friday, April 17th, 2020  /  Latest news, Nonprofits, South Coast, Technology, Tri-County Public Companies  /  Comments Off on South Coast business, tech and nonprofit leaders to be lauded

Though their fields range from hospitality to thermal imaging and food preservation, the business leaders being honored with the 2020 South Coast Business & Technology Awards have each built fundamental elements of the Santa Barbara landscape. That’s reflected through a lifetime of entrepreneurship, leadership in disaster response and founders that have infused philanthropy and community Read More →