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By Jorge Mercado / Friday, May 14th, 2021 / Agribusiness, Latest news, left, South Coast, Sponsored, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy / Comments Off on Apeel Sciences broadens its scope with first acquisition
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By pacbiztimes / Friday, May 14th, 2021 / Central Coast, Latest news, South Coast, Subscriber content, Tri-County Economy / Comments Off on Cleveland Fed CEO talks inflation, recovery at UCSB forecast
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By Tony Biasotti / Friday, May 14th, 2021 / Banking & Finance, East Ventura County, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Teledyne closes $8.2B Flir acquisition
Thousand Oaks-based Teledyne Technologies completed its purchase of Flir Systems on May 13 when the stockholders of each company approved the $8.2 billion deal, Teledyne announced May 14. Flir, a thermal imaging company based in Oregon with a large presence in Goleta, is now part of Teledyne’s Digital Imaging Segment and operates under the name Read More →
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By pacbiztimes / Wednesday, May 12th, 2021 / Banking & Finance, Earnings, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on 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 →
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By pacbiztimes / Tuesday, May 11th, 2021 / Banking & Finance, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies / Comments Off on Sales and losses both rise at Sientra
Sientra missed estimates and almost doubled its net loss over the course of a year, but saw increases in net sales and gross profit as well as decreases in operating expenses, according to its first-quarter earnings report, released May 11. The Goleta-based medical aesthetics company saw a net loss of $54.7 million, or $1.01 per Read More →
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By pacbiztimes / Monday, May 10th, 2021 / Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on AppFolio down 5% after reporting lower earnings and higher expenses in first quarter
AppFolio, a Goleta-based property management software developer, saw its net income drop more than 75% over the past year in an earnings report released May 10. The company reported net income of $479,000, or 1 cent per share, for the first quarter of 2021, down from $1.98 million, or 6 cents per share, in the Read More →