Limoneira reports shrinking losses, sees start of restaurant recovery
The pandemic’s effects have depressed the lemon market for a year, as full-service restaurants and bars were forced to close indoor operations in many parts of the country, but Limoneira is looking at strong tailwinds in the market as several regions start to reopen. In an earnings report released March 10, Santa Paula-based Limoneira reported Read More →
Calavo reports lower revenue, higher earnings
Calavo Growers saw its net income rise by millions, pulling the company out of the red, even as it reported that its first-quarter revenue shrank by 19%. The Santa Paula-based avocado distributor reported net income of $5.3 million, or 30 cents per diluted share, for the first quarter of 2021, when it released its quarterly Read More →
Google’s privacy move puts squeeze on The Trade Desk
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AeroVironment’s revenue, earnings rise in new quarterly report
AeroVironment, a drone company based in Simi Valley, saw a steep rise in revenue and a slight increase in net income when the company released its quarterly results on March 9. AeroVironment generated revenue of $78.8 million in the third quarter of its 2020-21 fiscal year, a 27% increase from the same quarter one year Read More →
Transphorm reports net loss, revenue dip
Goleta based Transphorm suffered a net loss in the fourth quarter of 2020 but more than quadrupled its assets over the past year as it continued to make its name in the semiconductor industry. Transphorm, a supplier of gallium nitride power conversion products, generated revenue of $2 million in the fourth quarter of 2020, the Read More →
SLO County leaders eyeing Diablo Canyon site for green energy
With the decommissioning of Diablo Canyon nuclear power plant approaching, a new partnership has been announced to try turn the site into a hub for clean energy on the Central Coast. REACH—the Regional Economic Action Coalition, an economic planning nonprofit for San Luis Obispo County and northern Santa Barbara County—is working elected officials, county government and Read More →
Summer reopening projected for PCH north of SLO County
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