Montecito Bank remains “well-capitalized” after the first quarter
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesMontecito Bank & Trust reported a 30% increase in net income for the first quarter of 2023 on June 6, even despite a drop in total deposits. Montecito Bank & Trust generated $4.8 million in the first quarter while assets closed at $2.1 billion. According to the bank, it remains well-capitalized as its total risk-based Read More →
Limoneira posts higher revenue in second quarter
Agribusiness, Earnings, Latest news, Tri-County Public CompaniesSanta Paula-based Limoneira announced its results for the second quarter after the markets closed June 6, highlighting a rise in revenue as well as a lower net debt position. Limoneira, a grower of lemons and avocados, announced revenue worth $48.1 million compared to $46.8 million in the same quarter a year ago. The company suffered Read More →
Jury rules in favor of Sonos over Google, wins $32.5M
Central Coast, Latest news, left, Subscriber content, TechnologyThis 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.
Semtech names new CEO, will officially take over in June
Central Coast, Latest news, Subscriber content, Technology, Top Stories, Top StoryThis 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.
Creating a new way to construct stories
Latest news, left, San Luis Obispo County, Subscriber content, TechnologyThis 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.
Updated: AppFolio lays off 62 people
Latest news, middle, Santa Barbara County, TechnologyThis story was updated on May 27 to add more context. Goleta-based AppFolio is the latest technology company based on the Central Coast to cut its workforce, as the software company for the real estate industry announced it will be laying off 62 people, according to a WARN act filing with the state on May Read More →
Transphorm wins $15M government contract
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