Teledyne Flir awarded $13 million government contract
Teledyne Flir Defense, a subsidiary of Teledyne, has been awarded a $13.3 million contract by the U.S. Department of Defense to further expand the capabilities of its R80D SkyRaider unmanned aerial system to autonomously perform chemical, biological, radiological and nuclear (CBRN) reconnaissance missions, the company announced Feb. 8. Teledyne Flir, which has operations in Goleta, Read More →
Atara’s cuts down net loss in 2022
Atara Biotherapeutics recorded a lower net loss in the fourth quarter and the entirety of fiscal year 2022, but missed expectations still led to an 8% decline in after-hours trading. Atara, a South San Francisco-based immunotherapy company with its major operations in Thousand Oaks, reported a net loss of $228.3 million, or 2.24 cents per Read More →
QAD sees major expansion ahead with Redzone acquisition
Santa Barbara-based QAD has secured its second acquisition in as many months, this time purchasing Florida-based Redzone for a reported $1 billion, the software company announced Feb. 1. QAD, which provides cloud software for the manufacturing industry, did not disclose how much the deal was worth. However, according to Reuters, the deal is worth about Read More →
Amgen reports drop in profit for fourth quarter
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Sonos launches new partnership with TuneIn
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Amgen to lay off 300 U.S. workers
Technology layoffs are now hitting the healthcare sector, as Amgen will be laying off 300 people in the United States, the company announced on Jan. 30. The Thousand Oaks-based biotechnology giant said that it is making organizational changes “mainly in our commercial team,” the company’s statement said. “We made these changes to better manage against Read More →
AppFolio beats revenue estimates
Goleta-based AppFolio beat analysts’ expectations in both earnings and revenue when it released its financial results for the fourth quarter on Jan. 26. AppFolio, a software company for the real estate industry, announced revenue worth $124.1 million in the fourth quarter, a 30% increase from the same quarter a year ago. But the company’s net Read More →
