Semtech shares hit two-year low after company lowers Q3 guidance
Banking & Finance, Earnings, Latest news, Regions, Technology, Top Stories, Tri-County Public Companies, Ventura CountyCamarillo-based Semtech produced record revenue and earnings in the second quarter of 2022, but its shares plummeted 27% the day after its earnings release after the company’s guidances for the third quarter were well below analysts’ expectations. Semtech, a semiconductor company specializing in Internet of Things applications, saw its net income increase in the second Read More →
Legislature paves way to keep Diablo Canyon open through 2030
Energy, Latest news, Law & Goverment, left, Regions, San Luis Obispo County, Top StoriesThe push by Gov. Gavin Newsom, along with some environmentalists, energy experts and local officials, to extend the life of the Diablo Canyon nuclear power plant succeeded early Sept. 1. In an extended session, the California Legislature voted overwhelmingly in favor of Senate Bill 846, giving the state the option of keeping the power plant Read More →
Goleta startup Next Energy passes test for its solar windows
Energy, Latest news, Regions, Santa Barbara County, Startups, Subscriber content, Technology, Top StoriesThis 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.
Distilleries shake up region’s beverage industry
Latest news, Regions, San Luis Obispo County, Santa Barbara County, Small Business, Top Stories, Top Story, Ventura CountyThough water makes up about 60% of the average person’s body, liquor certainly runs in the Cutler family line. As a boy, Ian Cutler heard the stories of how his great-grandfather was a bootlegger during Prohibition. From there, his family kept running different liquor stores, bars and more, until 1985, when changes to California’s liquor Read More →
Dole earnings up in Q2, but company again cuts full-year guidance
Agribusiness, Banking & Finance, Earnings, Latest news, Regions, Top Stories, Tri-County Public Companies, Ventura CountyWestlake Village-based Dole beat analysts’ expectations when it reported positive earnings per share for the second quarter on Aug. 23, but the company also slashed its guidance for revenue and earnings for the full year. Dole, one of the largest fruit and vegetable producers in the world, is dually headquartered in Westlake Village and Dublin, Read More →
Transphorm reports shrinking loss, rising revenue
Banking & Finance, Earnings, Latest news, Regions, Santa Barbara County, Technology, Tri-County Public CompaniesGoleta-based Transphorm just missed analysts’ expectations when it reported its first quarter earnings on Aug. 15. Transphorm, a supplier of gallium nitride power conversion products, reported an adjusted earnings per share loss of 8 cents for the quarter ended June 30, one cent higher than Zacks Consensus Estimate. The company also reported a loss of Read More →
List of fastest growing private companies includes 22 from tri-county region
Latest news, Regions, San Luis Obispo County, Santa Barbara County, Top Stories, Ventura CountyThe Central Coast showcased the diversity of its companies in the latest edition of the Inc. 5000, as 22 companies based in tri-county region made the magazine’s list of the 5,000 fastest growing privately held companies in the country. Of those 22 companies, seven were in the top 1,000, and they come from a variety Read More →
