QAD reports slight revenue dip, big earnings jump
Profits at Santa Barbara-based software firm QAD hit $3.2 million in the third quarter of 2020, up from $125,000 in the same quarter of 2019, the company announced Nov. 24. QAD had earnings of 16 cents per share, up from just 1 cent per share a year earlier. “We made significant progress toward our long-term Read More →
Sonos earns $18.4M in 3rd quarter, but still shows a loss for the year
Santa Barbara’s smart speaker darling Sonos has strong quarter
Vandenberg advocates vow to keep fighting
Advocates of Vandenberg Air Force base as the headquarters for the U.S. military’s new Space Command say they’re not giving up, despite the omission of the Lompoc-area base from the list of finalists for the site. The U.S. Air Force announced its finalists on Nov. 19. The six locations are in New Mexico, Nebraska, Florida, Read More →
LaunchPoint EPS develops electric flight systems in Goleta
LaunchPoint EPS is yet another Goleta-based tech startup with hopes to advance its game-changing technology.
Resonant reports growing revenue, shrinking losses
Resonant, a Goleta-based cellular technology company, reported its third quarter earnings on Nov. 10 with a net loss of $6.1 million, or 11 cents per share. That was an improvement upon the same quarter a year ago, where Resonant had a net loss of $7.4 million, or 26 cents per share. Revenue in the third Read More →
AppFolio earnings up as sale of MyCase unit closes
AppFolio, the Goleta-based property management software company, beat analysts’ expectations on Nov. 9 with earnings of $3.86 per share for the third quarter of 2020, driven mainly by a sale of one of its business units. Quarterly earnings were much higher than the same quarter last year, when the company earned 14 cents per share. Read More →
