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Inogen net income up 11.3 percent for second quarter

By   /  Thursday, August 3rd, 2017  /  Central Coast Health Watch, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Inogen net income up 11.3 percent for second quarter

Net income at Inogen rose 11.3 percent for the second quarter to $8.3 million, after a 17.5 percent bump in its revenues to $64.1 million. The Goleta-based portable oxygen concentrator maker sold 32,400 units during the quarter ended June 30, up nearly 30 percent from the same period in 2016. Earnings per share rose slightly Read More →

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Teledyne reports record sales for second quarter

By   /  Thursday, August 3rd, 2017  /  Earnings, East Ventura County, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Teledyne reports record sales for second quarter

Thousand Oaks-based tech giant Teledyne reported record sales for its second quarter, ended July 2, reaching $671.1 million and net income of $60.1 million, or $1.66 per diluted share. In addition to growth in all its major product lines — particularly its digital imaging segment, which saw an 89.6 percent increase to $188.5 million — Read More →

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TrackR raises $50 million with Series B funding round

By   /  Thursday, August 3rd, 2017  /  Latest news, Small Business, South Coast, Technology  /  Comments Off on TrackR raises $50 million with Series B funding round

Santa Barbara-based TrackR closed a $50 million Series B funding round Aug. 2, led by Steve Murray at Revolution Growth and existing investors like the Amazon Alexa Fund. The funds will help grow the recently launched TrackR Pixel, which incorporated both sound and light into the company’s personal item tracking portfolio of products. TrackR is Read More →

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Sientra settles lawsuit with former manufacturer

By   /  Tuesday, August 1st, 2017  /  Central Coast Health Watch, Latest news, South Coast  /  Comments Off on Sientra settles lawsuit with former manufacturer

Goleta-based breast implant manufacturer Sientra announced the settlement of an intellectual property and contract lawsuit with its former Brazilian manufacturer Silimed on Aug. 1. Securities and Exchange Commission documents filed by Sientra state that the two companies participated in court-ordered arbitration July 27, and Sientra agreed to pay $9 million within the next 30 days, Read More →

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Santa Barbara Airport hires firms for marketing campaign

By   /  Tuesday, August 1st, 2017  /  Latest news  /  Comments Off on Santa Barbara Airport hires firms for marketing campaign

The Santa Barbara Airport chose Hiltachk Marketing Group and Blaze PR for a marketing and outreach campaign to drum up business and fill seats. The airport conducted a thorough bidding process before landing on Hiltachk, which has done marketing for the Sacramento International Airport since 2010, and Santa-Barbara based Blaze. The two will try to Read More →

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Business Times announce 15th annual Spirit of Small Business honorees

By   /  Tuesday, August 1st, 2017  /  Latest news  /  Comments Off on Business Times announce 15th annual Spirit of Small Business honorees

The Pacific Coast Business Times have announced the winners of our 15th annual Spirit of Small Business Awards. This year’s awards was again a successful partnership between the Business Times and the U.S. Small Business Administration. The Spirit of Small Business section was included in the July 28-Aug. 3 publication of the Business Times. Subscribers Read More →

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Net income up 15 percent at Community West Bancshares

By   /  Friday, July 28th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Net income up 15 percent at Community West Bancshares

Net income for Community West Bancshares increased nearly 15 percent for the second quarter ended June 30 to $1.6 million, or 18 cents per diluted share. Loans increased to $684.8 million, versus $564.8 million a year ago, and total assets grew 22.2 percent year-over-year to $785 million. Net interest margin dropped slightly, from 4.45 percent Read More →

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