Deckers Brands CEO retiring; earnings per share nose dive
Goleta-based Deckers Brands beat quarterly revenue estimates but still posted a loss of 73 cents per share when the company reported fourth quarter and fiscal year 2016 earnings results May 26 as unseasonably warm weather ate into profit margins. Deckers’ sales increased 11 percent during the quarter from $340.6 million in 2015 to $378.6 million Read More →
More affordable housing can be developed on South Coast
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Sports Authority closing all stores, including 6 in Tri-Counties
Sports Authority plans to close all of its 463 stores, including six in the Tri-Counties, according to documents filed in bankruptcy court in Delaware. Tiger Capital Group, Gordon Brothers Group and Hilco Trading Co. won the May 16 auction with a joint bid for the assets of the struggling chain, which has racked up more Read More →
Resonant signs licensing agreement with customer
Resonant may be turning a corner. The company announced it signed a second licensing agreement May 17 with an existing customer. The Goleta-based company is developing smartphone technology called duplexers it intends to license to manufacturers of smartphone technology. Last week, it announced the first revenues in the company’s history when it reported first quarter Read More →
Sientra selling implants again but staff cut as losses mount
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Resonant finally gets revenue but still had big second quarter operating loss
Resonant is no longer pre-revenue. The Goleta-based company, which is developing smartphone technology called duplexers it intends to license to manufacturers of smartphone technology, recorded revenues of $27,000 when it released second quarter earnings May 11. The company said the money came from two customers who made upfront payments on two upcoming projects. The company Read More →
Goleta-based Inogen beats revenue estimates for first quarter
Goleta-based Inogen beat revenue estimates and the maker of direct-to-consumer respiratory products reported strong first quarter earnings results May 9. Inogen reported revenues of $43 million during the first quarter, up from $33.8 million in 2015 and beating analyst estimates of $41.75 million, according to S&P Capital IQ. The company had net income of $2.4 Read More →
