Sonos shares up after strong earnings report
Sonos saw a record second quarter as it reported $17.2 million in net income on May 12, up from a steep loss the year before, and beat analysts’ expectations. The Santa Barbara-based home sound system producer went from a net loss of $52.3 million, or 48 cents per share, in the second fiscal quarter of Read More →
Sports businesses ramp up as training and play return
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With Newsom’s proposal, oil industry’s clock starts ticking
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Business Times Hall of Fame: UCSB Chancellor Henry Yang
Editor’s note: Henry Yang, the chancellor of UC Santa Barbara since 1994, is this year’s entry into the Pacific Coast Business Times tri-county business Hall of Fame. He will be honored in a virtual event on May 20. Register for the event here and check out the entire Hall of Fame special section here. He’s Read More →
Ventura gym that stayed open in pandemic fined for workplace safety violations
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Unemployment rate drops again in region and state
Unemployment in the tri-county region dropped to 6.4% in March, the second lowest rate since the pandemic began, according to Business Times analysis of data released by the California Employment Development Department on April 16. The regional and state job markets improved as COVID-19 declined from their January high mark. The tri-county unemployment rate was Read More →
AeroVironment’s drone launch on Mars delayed
Ingenuity, the helicopter drone developed by Simi Valley-based AeroVironment, has had its first experimental flight on Mars delayed, according to the National Aeronautics and Space Administration. Ingenuity, which landed on Mars on the Perseverance rover in February, was scheduled for its first takeoff on April 11. The flight has been rescheduled to no earlier than Read More →
