Staff Report | Thursday, August 6th, 2015
Appfolio reports $3.2 million loss for second quarter
Earnings, Latest news, Top Stories, Tri-County Public CompaniesAppfolio lost $3.2 million during the second quarter, the company reported Aug. 6. Goleta-based Appfolio makes property management software for small-to medium-sized real estate managers. Revenues were up 59 percent in the second quarter of 2015 from $11.6 million last year to $18.4 million this year. Appfolio lost 34 cents per share, which met analyst Read More →
Staff Report | Thursday, August 6th, 2015
UCSB researchers create underwater super glue
Latest news, TechnologyResearchers at UC Santa Barbara created a new type of super glue for underwater use by studying how mussels, oysters and barnacles stick to rocks. Researchers saw a need for adhesives that stick underwater. Because synthetic adhesives do not work well, UCSB scientists Jacob Israelachvili, Michael Rapp, Greg Maier, Herb Waite and Alison Butler turned Read More →
Staff Report | Tuesday, August 4th, 2015
San Luis Obispo’s Mindbody beats estimates but shares still down
Earnings, Latest news, Technology, Top Stories, Tri-County Public CompaniesSan Luis Obispo-based Mindbody beat analyst estimates when it released second quarter earnings on Aug. 4, but shares still ended down for a ninth consecutive day. Mindbody lost 21 cents per share, but analysts had predicted losses of 31 cents per share. Mindbody’s surprising earnings are a rare recent bright spot for the company since Read More →
Staff Report | Tuesday, August 4th, 2015
Shire makes $30 billion bid for Thousands Oaks’ Baxalta
Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public CompaniesOne of the biggest employers in Ventura County faces an ownership change less than one month after it was spun off from its Chicago-area parent. Shire Plc, a pharma company based in Dublin, Ireland, stunned the markets on Aug. 4 with a $30 billion bid for Baxalta. Baxalta, which employs around 2,000 at two locations Read More →
Staff Report | Tuesday, August 4th, 2015
Paso Robles’ IQMS gets $40 million investment
Latest news, Technology, Top StoriesIQMS, a software company based in Paso Robles, announced Aug. 4 that growth equity firms Technology Crossover Ventures and Banneker Partners have made an additional $40 million investment, for a total of $75 million over the past year. “IQMS is a strong business in a healthy marketplace, and our initial August 2014 investment in IQMS Read More →
Staff Report | Thursday, July 30th, 2015
Deckers loses $47.3 million in fiscal first quarter
Latest news, Top Stories, Tri-County Public CompaniesGoleta-based Deckers on July 30 reported a loss of $47.3 million in its fiscal first quarter and a loss of $1.43 on a per-share basis. Despite the per-share loss, the results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.51 per share. Deckers Read More →
Staff Report | Thursday, July 30th, 2015
Amgen second-quarter profit beats analysts’ estimates
Latest news, Technology, Top Stories, Tri-County Public CompaniesThousand Oaks-based Amgen Inc. posted second-quarter profit that topped analysts’ estimates, driven by higher sales and lower operating expenses. The biotech also raised its revenue and earnings forecast for the year. Profit excluding one-time items rose to $2.57 a share, while analysts had predicted $2.43 on average. Revenue increased 3.7 percent to $5.37 billion, the Read More →
