February 2, 2025
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Goleta plans to sue UCSB over housing

By   /  Friday, November 12th, 2021  /  Higher Education, Latest news, Real Estate, South Coast, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Goleta plans to sue UCSB over housing

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Clinicas names second-ever CEO

By   /  Friday, November 12th, 2021  /  East Ventura County, Health Care & Life Science, Latest news, Nonprofits, right, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Clinicas names second-ever CEO

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In Ventura County, the rent is high and getting higher

By   /  Friday, November 12th, 2021  /  East Ventura County, Latest news, left, Real Estate, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on In Ventura County, the rent is high and getting higher

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Economist: Return of international travelers could strain hospitality industry

By   /  Friday, November 12th, 2021  /  Central Coast, Latest news, middle, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Economist: Return of international travelers could strain hospitality industry

Reopening international travel to the United States might create some problems in Santa Barbara in wake of employment disruptions triggered by the pandemic, especially in the restaurant industry, economic Mark Schniepp said at a Nov. 11 economic forecast event. On Nov. 8, the U.S. lifted travel restrictions from specific countries and vaccinated international visitors entered Read More →

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Transphorm reports profitable quarter, big revenue growth

By   /  Thursday, November 11th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Transphorm reports profitable quarter, big revenue growth

Goleta-based Transphorm saw revenue increase for the seventh consecutive quarter and also reported a profit for the quarter ended Sept. 30. Transphorm, a supplier of gallium nitride power conversion products, reported net income of $6 million, or 15 cents per share, compared to a net loss of $7.1 million in the same quarter a year Read More →

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Net losses up at Resonant in Q3

By   /  Thursday, November 11th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Net losses up at Resonant in Q3

Net losses grew for Resonant in the third quarter of 2021, as the company announced an expanded multi-year agreement with its manufacturing partner. Resonant, which is based in both Santa Barbara and Austin, Texas, provides radio frequency filters for multiple applications, including 5G cellular devices. The company generated $400,000 in revenue for the third quarter, Read More →

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Sientra misses earnings expectations but shares still gain after Q3 report

By   /  Thursday, November 11th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sientra misses earnings expectations but shares still gain after Q3 report

Goleta-based Sientra missed analysts’ expectations when it released financial results for the third quarter of 2021 on Nov. 10, posting a net loss when accounting for certain one-time factors such as the relief of its paycheck protection program loan. Sientra, a plastic surgery device company specializing in breast implants, had net income of $28.4 million Read More →