July 16, 2024
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Sonos delivers surprise profit, raises revenue guidance

By   /  Wednesday, August 11th, 2021  /  Banking & Finance, Earnings, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos delivers surprise profit, raises revenue guidance

Sonos delivered a loud earnings beat after the markets closed Aug. 11, as the Santa Barbara-based home sound system producer delivered net income back in the black when the company announced its third quarter 2021 earnings. Sonos generated net income of $17.6 million, or 12 cents per diluted share, for the quarter ended June 30.  Read More →

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Trade Desk income nearly doubles over past year

By   /  Monday, August 9th, 2021  /  Banking & Finance, Earnings, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Trade Desk income nearly doubles over past year

The Trade Desk continues to find success in 2021, as the Ventura-based advertising technology firm saw huge rises in both revenue and net income when the company announced its financial results for the second quarter on Aug. 9. Co-founder and CEO Jeff Green said the company “significantly surpassed” its own expectations for the quarter ended Read More →

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Region’s entertainment venues get $28.6M in federal pandemic relief

By   /  Friday, August 6th, 2021  /  Latest news, Subscriber content, Top Stories, Tourism  /  Comments Off on Region’s entertainment venues get $28.6M in federal pandemic relief

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Tri-county region’s total farm revenue up 4.6% in 2020

By   /  Friday, August 6th, 2021  /  Agribusiness, Central Coast, East Ventura County, Latest news, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy, West Ventura County  /  Comments Off on Tri-county region’s total farm revenue up 4.6% in 2020

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Inogen shares plummet after news of supply chain problems

By   /  Thursday, August 5th, 2021  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen shares plummet after news of supply chain problems

Shares of the Goleta-based medical device company Inogen dropped by 27% on Aug. 5, the day after the company released its second quarter 2021 earnings. Though the maker of portable oxygen concentrators saw big increases in both revenue and earnings, uncertainty brought on by the semiconductor chip shortage led to a huge selloff of Inogen Read More →

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Highway 101 widening on tap for Ventura County

By   /  Thursday, August 5th, 2021  /  East Ventura County, Latest news, left, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Highway 101 widening on tap for Ventura County

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Houweling’s Tomatoes will become state’s biggest cannabis greenhouse

By   /  Wednesday, August 4th, 2021  /  Agribusiness, Latest news, right, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Houweling’s Tomatoes will become state’s biggest cannabis greenhouse

Houweling’s Tomatoes is closing its 125-acre Camarillo greenhouse and selling the facility to a cannabis grower — a deal made possible by a Ventura County ballot measure last year that was sponsored and supported by a company affiliated with Houweling’s. Houweling’s, an indoor tomato and cucumber grower that has been in the Camarillo area since Read More →