Inogen reports huge increase in net income
Inogen, a maker of portable oxygen concentrators based in Goleta, announced a 77 percent increase in net income Feb. 28 on fourth quarter revenues of $50.9 million. Sales revenues grew 47.2 percent over the same quarter in 2015, to $42.6 million. Net income for the quarter was $5.3 million, bringing the company up to $20.5 Read More →
AppFolio revenues grow, losses shrink
AppFolio announced an increase in fourth quarter and full year revenues Feb. 27, decreasing its net losses per share by around a third compared to 2015. The Goleta-based company’s revenues for the quarter ended Dec. 31 grew 37 percent to $28 million, up from $20.4 million during the same period the prior year. Full year Read More →
San Luis Obispo airport adding nonstop service to Denver
San Luis Obispo took another step forward in its quest to become a major tourism and tech hub on Feb. 27 when it announced the inauguration of nonstop service to Denver, beginning in June. The single United Express flight, which arrives in SLO in the evening and departs at the crack of dawn the next Read More →
Our view: Ventura-Santa Barbara rail study a good start
Words of wisdom attributed to Chinese sage Lao Tsu hold that a journey of a thousand miles begins with a single step. Perhaps the journey to improve rail transportation between Santa Barbara and Ventura begins with a single grant. That’s at least the promise of a $50,000 award from the Santa Barbara County Association of Read More →
Requests for proposals overlook value of face-to-face communication
I’ve been in business for more than 30 years and in that time I’ve hired quite a few people. But in all that time, not once, did I hire a person based strictly on their resume and certainly I’ve never hired anyone without having met them first. In every instance, I felt it was important, Read More →
Rules allowing higher density help housing projects pencil out
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Tri-county foundations face uncertainty
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