Paso Robles-based manufacturing software company IQMS reported that it had seen record revenue growth for the first half of 2017 and expects to end the year up 25 percent compared to 2016. The company said it had received million-dollar deals throughout the first two quarters, with deal sizes increasing overall, and that it was reinvesting Read More →
Shares for Camarillo semiconductor and Internet of Things company Semtech fell more than 5 percent after the company reported a rise in net income but a lower than expected third quarter outlook. Net sales for the quarter ended July 30 increased 13 percent over its previous second quarter to $153.1 million, for a net income Read More →
Aerovironment stock rose cautiously ahead of its first quarter fiscal 2018 earnings results, and then spiked nearly 10 percent in after-hours trading with the announcement of a 21 percent increase in revenues and lower net losses. Revenues reached $43.8 million for the quarter ended July 29, up from $36.2 million for the first quarter the Read More →
Santa Barbara software company QAD had a fiscal second-quarter loss of $1.2 million or 6 cents per share, the company reported Aug. 24. Total revenue for the second quarter was $76 million, up from $69.8 million for the fiscal 2017 second quarter. Subscription revenue, which is 23 percent of total revenue, grew 41 percent year-over-year. The company Read More →
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Plains All American Pipeline has filed paperwork to rebuild a pair of aging oil pipelines in the Tri-Counties, including a line that caused the worst oil spill in decades on the Central Coast. Plains said on Aug. 16 that it has filed a plan with Santa Barbara County to rebuild Line 901, which broke in 2015, Read More →