AeroVironment shares drop after earnings report
AeroVironment, a drone and robotics company with its chief operations in Simi Valley, delivered record revenue in the fourth quarter and full year of 2021, according to earnings released June 29, but a couple of key losses led to a year-to-year earnings drop. In the fourth quarter of its 2021 fiscal year, AeroVironment posted a Read More →
United Dropping Two Santa Maria Routes
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Thoma Bravo deepens investment in region with $2B acquisition of QAD
Editor’s note: This article was originally posted June 28, and updated July 1 with additional reporting on the pending deal. The enterprise software company QAD is being acquired by Thoma Bravo in an all-cash transaction worth around $2 billion, another sign of growth in the Santa Barbara technology industry. Santa Barbara-based QAD, which provides cloud Read More →
PPP loans in region approach $4 billion
Employers in the tri-county region received almost $4 billion in forgivable loans through the federal Paycheck Protection Program, aimed at preserving more than 450,000 jobs in the region, according to a Business Times analysis of U.S. Small Business Administration data. The PPP loan application period ended on May 31, 2021, for both the First and Read More →
Water agencies file suit against Santa Barbara County
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Parker Clay is growing at home and abroad
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Safran Cabin rebounds in Santa Maria
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