Resonant signs licensing agreement with customer
Earnings, Latest news, Tri-County Public CompaniesResonant may be turning a corner. The company announced it signed a second licensing agreement May 17 with an existing customer. The Goleta-based company is developing smartphone technology called duplexers it intends to license to manufacturers of smartphone technology. Last week, it announced the first revenues in the company’s history when it reported first quarter Read More →
Arthur J. Gallagher & Co. acquires Hogan Insurance Services
Latest newsArthur J. Gallagher & Co. has acquired Hogan Insurance Services in Westlake Village. Terms of the transaction were not disclosed. Formed in 1994, Hogan Insurance Services is a retail insurance broker providing property/casualty, employee benefits, risk management and specialty wholesale insurance services for commercial clients throughout Southern California. They specialize in workers compensation insurance for Read More →
Supreme Court clears way for religious organization workers to get free birth control
Latest news, Law & GovermentThe U.S. Supreme Court announced May 16 that it would not rule on a case regarding religious organization workers’ access to free birth control. It is looking to lower courts to explore a compromise. The Zubik v. Burwell case discusses whether freedom is infringed by an Obama administration rule regarding contraceptive coverage under the Affordable Care Read More →
Qualstar revenues down 23 percent during first quarter
Earnings, Latest news, Technology, Tri-County Public CompaniesQualstar revenues sunk during the first quarter, the company reported May 12. Simi Valley-based Qualstar is an electronics manufacturer that specializes in data storage and power supplies for telecom, broadcast and gaming industries, among others. Revenues sank 23 percent during the quarter from $2.8 million in 2015 to $2.1 million in 2016. Net losses decreased Read More →
Interlink Electronics revenues, profits up
Earnings, Latest news, Technology, Tri-County Public CompaniesInterlink Electronics reported a sharp increase in revenues and profits for the first quarter on May 16. Westlake Village-based Interlink Electronics focuses on manufacturing sensors that are used in portable electronic devices. The company said revenues increased 24 percent during the quarter to $2.8 million; up from $2.3 million during the first quarter of 2016. Read More →
Clean Diesel Technologies beats revenue estimates but misses on net loss per share
Earnings, Latest news, Tri-County Public CompaniesClean Diesel Technologies beat analyst revenue estimates, but missed net-loss-per share estimates in first quarter results released before markets opened May 13. Oxnard-based Clean Diesel Technologies makes diesel emission control systems for cars and other diesel powered vehicles. Revenue of $9.7 million beat analyst estimates of $8.77 million, according to S&P Capital IQ, but still Read More →