QAD revenues and profits fell in fourth quarter and fiscal year 2016
Santa Barbara software developer QAD’s revenues and profits fell, the company reported in fourth quarter and fiscal year 2016 earnings results March 10. Fourth quarter revenues fell from $79.6 million in 2015’s fourth quarter to $69.3 million in 2016. Gross profits fell from $45.7 million to $38.4 million. QAD hit analyst revenue estimates of $69 Read More →
Amid losses, Sientra makes an acquisition
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Sonos announces layoffs
Santa Barbara audio technology company Sonos, the fast-growing startup that is now a major downtown employer, has begun layoffs as it refocuses on voice controls. Sonos founder and CEO John MacFarlane made the announcement late March 9 in a blog post on the privately-held company’s website. The number of layoffs was not disclosed. “We are Read More →
Apps drive home the point that safe motoring matters
A Cal Poly Technology Park company is helping drivers drive better by giving them feedback. Several apps developed by Mentor eData track how well users drive and give them scores at the end of their trips. Stephen Lakowske founded the company in 2009 when his two teenage daughters approached driving age. “I thought ‘holy smokes, Read More →
Tri-county entrepreneurs say tech bubble building
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Ceres fires KPMG over audit concern
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Cal Poly SLO technology park to be expanded
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