July 16, 2024
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Resonant reports smaller losses in 2020

By   /  Monday, March 15th, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Resonant reports smaller losses in 2020

Resonant, a Texas-based provider of radio frequency filter designs with major operations in Goleta, ended 2020 with rising revenues and shrinking losses. In the fourth quarter of 2020, Resonant revenue increased 32% from a year earlier, to $607,000, the company said in a March 15 earnings release. It had a net loss of $7.1 million, Read More →

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Google’s privacy move puts squeeze on The Trade Desk

By   /  Wednesday, March 10th, 2021  /  Banking & Finance, Latest news, middle, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Google’s privacy move puts squeeze on The Trade Desk

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AeroVironment’s revenue, earnings rise in new quarterly report

By   /  Tuesday, March 9th, 2021  /  Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment’s revenue, earnings rise in new quarterly report

AeroVironment, a drone company based in Simi Valley, saw a steep rise in revenue and a slight increase in net income when the company released its quarterly results on March 9. AeroVironment generated revenue of $78.8 million in the third quarter of its 2020-21 fiscal year, a 27% increase from the same quarter one year Read More →

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Transphorm reports net loss, revenue dip

By   /  Tuesday, March 9th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Transphorm reports net loss, revenue dip

Goleta based Transphorm suffered a net loss in the fourth quarter of 2020 but more than quadrupled its assets over the past year as it continued to make its name in the semiconductor industry. Transphorm, a supplier of gallium nitride power conversion products, generated revenue of $2 million in the fourth quarter of 2020, the Read More →

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AppFolio looks ahead after loss in fourth quarter

By   /  Friday, March 5th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio looks ahead after loss in fourth quarter

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As it plans IPO, Procore reports growing revenue, growing losses

By   /  Friday, March 5th, 2021  /  Banking & Finance, Latest news, left, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on As it plans IPO, Procore reports growing revenue, growing losses

Procore CEO Craig "Tooey" Courtemanche sits in his office at the company's Carpinteria headquarters (Nik Blaskovich photo)

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Amgen to buy cancer treatment biotech firm for $1.9B

By   /  Thursday, March 4th, 2021  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen to buy cancer treatment biotech firm for $1.9B

Thousand Oaks-based Amgen, one of the biggest biotech companies in the world, will get bigger with the $1.9 billion acquisition of Five Prime Therapeutics, a clinical-stage biotech company developing stomach cancer therapies. Amgen announced the acquisition March 4 and the deal is expected to close by the end of the second quarter of 2021. Under Read More →