MindBody revenues up but net losses continue
Earnings, Latest news, Technology, Tri-County Public CompaniesConsistent with its last earnings report, MindBody’s revenues increased 31 percent for its second fiscal quarter 2017, but net losses persisted, reaching $4.4 million, or 10 cents per basic and diluted share. The San Luis Obispo-based software provider for the wellness industry brought in $44.1 million in revenue, including $17.6 million from its payments software. Read More →
Anti-smuggling program gets $110 million in federal funds
Central Coast, Latest newsAn anti-narcotic and human trafficking effort, Operation Stonegarden, received $110 million in funding on July 24 to help curb the use of so-called “panga” boats for smuggling drugs and people onto the Central Coast. U.S. Representative Salud Carbajal, D-Santa Barbara, announced the appropriation of funds through fiscal year 2022 via the Department of Homeland Security’s Authorization Bill. Read More →
Industrial space scarce, retail slows, office mixed
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Salem Media acquires website TradersCrux
Latest news, TechnologySalem Media, a Christian and conservative radio and media company based in Camarillo, announced its acquisition of the website TradersCrux on July 13. Salem-owned Eagle Financial Publications owns several similar websites and publishes financial and investing-related content, making the acquisition a complementary offering, Vice President and Publisher Roger Michalski said in a news release. “With Read More →
Teledyne subsidiary acquires Scientific Systems
Latest news, TechnologyTeledyne Instruments, an arm of Thousand Oaks-based aerospace and defense company Teledyne Technologies, announced that it would acquire Pennsylvania piston pump maker Scientific Systems, Inc. Teledyne is one of SSI’s larger customers, Teledyne President and CEO Robert Mehrabian said in a news release. “SSI will provide Teledyne greater access to life sciences customers and markets, Read More →