San Luis Obispo leaders work hard to keep tech hub
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CalAmp misses on revenue but hits earnings per share estimates
CalAmp, an Oxnard-based company that makes products for the wireless sector, barely missed revenue estimates but hit earnings per share estimates when it reported fourth quarter 2016 and fiscal year-end earnings April 19. Fourth quarter revenues of $70.8 million barely missed analyst estimates of $71.05 million, according to Yahoo Finance, but that increased from $69.2 Read More →
Cal Poly hackathon trains entrepreneurs
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Ceres decreases second quarter losses
Ceres Inc. narrowed its losses but revenues were still low during the second quarter. The Thousand Oaks-based ag-biotech company said net losses decreased from $8.01 million in the second quarter of 2015 to $1 million in the second quarter of 2016, the company reported April 14. Losses also fell from $1.34 per share last year Read More →
Teledyne acquires Quantum Data
Teledyne made its third acquisition in five days when it acquired Elgin, Ill.-based Quantum Data April 13. The Thousand Oaks industrial conglomerate said subsidiary Teledyne LeCroy acquired Quantum Data to build on wireless technology gained from an April 7 acquisition of Charlottesville, Va.-based Frontline Test Equipment. Teledyne is involved in digital imaging, instrumentation, engineered systems Read More →
SpaceX Lands Falcon 9 off Florida Coast
SpaceX landed a Falcon 9 rocket on a drone ship for the first time April 8 off the coast of Cape Canaveral, Fla. The launch came only months after a Falcon 9 launched from Vandenberg Air Force Base failed to land successfully on a drone ship Jan 17. On Dec. 21, SpaceX landed a Falcon Read More →