Inogen expanding in Ohio; company gets international product approval
Inogen, a portable oxygen concentrator company headquartered in Goleta, announced plans June 2 to open a new facility near Cleveland, Ohio to support its direct-to-consumer product line. The company also plans to expand its sales force through recruitment in the northeastern part of the state. It currently has 177 sales employees between its Goleta and Read More →
Flir Systems appoints new CEO
Flir Systems, which has operations in Goleta, appointed James Cannon as its new president and CEO, effective June 19, following the retirement of 33-year company head Andy Teich. Cannon previously served as president of Stanley Security North America & Emerging Markets, a unit of Stanley Black and Decker. In his 16 years with the company, Read More →
Semtech earnings fall short of analyst estimates
Semtech announced first quarter 2018 earnings of $11.8 million June 1, a 71 percent increase over the previous first quarter for earnings per share of 18 cents — missing analyst estimates ranging from 28 to 41 cents per share. Net sales rose 9.6 percent to $143.8 million during the quarter ended April 30, after deducting Read More →
Startups selected for Cal Poly SLO HotHouse summer accelerator
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Pharmaceuticals on path to sustainability
By Valeria Makarova Since the concept of sustainable development was introduced back in the 1980s, corporations from various industries have been dealing with ever-increasing pressure to address stakeholder social needs and their environmental footprints. The traditional “business as usual” model — pursuing the business imperative goal of profit maximization while ignoring negative social and environmental Read More →
Central Coast women in leadership thinking green
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Manufacturing software provider QAD reports net loss
Santa Barbara-based manufacturing software provider QAD reported a $2.6 million net loss for the fiscal first quarter 2018, ended April 30. Revenues grew 9.1 percent compared to the same period the previous year to $71.4 million, despite a $1.2 million impact from currency. This was primarily driven by a 34 percent increase in subscription revenue Read More →
