MindBody revenues up but net losses continue
Consistent with its last earnings report, MindBody’s revenues increased 31 percent for its second fiscal quarter 2017, but net losses persisted, reaching $4.4 million, or 10 cents per basic and diluted share. The San Luis Obispo-based software provider for the wellness industry brought in $44.1 million in revenue, including $17.6 million from its payments software. Read More →
Read More →Anti-smuggling program gets $110 million in federal funds
An anti-narcotic and human trafficking effort, Operation Stonegarden, received $110 million in funding on July 24 to help curb the use of so-called “panga” boats for smuggling drugs and people onto the Central Coast. U.S. Representative Salud Carbajal, D-Santa Barbara, announced the appropriation of funds through fiscal year 2022 via the Department of Homeland Security’s Authorization Bill. Read More →
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Industrial space scarce, retail slows, office mixed
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Read More →Graphiq acquired by Amazon.com
Amazon.com has acquired Santa Barbara data analysis and search engine start-up Graphiq. The tech giant bought Graphiq in May in a bid to improve its Alexa virtual assistant, according to a July 20 report in the Los Angeles Times. The Times reported that the deal was valued at about $50 million. Graphiq was the PacificCoast Read More →
Read More →Salem Media acquires website TradersCrux
Salem Media, a Christian and conservative radio and media company based in Camarillo, announced its acquisition of the website TradersCrux on July 13. Salem-owned Eagle Financial Publications owns several similar websites and publishes financial and investing-related content, making the acquisition a complementary offering, Vice President and Publisher Roger Michalski said in a news release. “With Read More →
Read More →Teledyne subsidiary acquires Scientific Systems
Teledyne Instruments, an arm of Thousand Oaks-based aerospace and defense company Teledyne Technologies, announced that it would acquire Pennsylvania piston pump maker Scientific Systems, Inc. Teledyne is one of SSI’s larger customers, Teledyne President and CEO Robert Mehrabian said in a news release. “SSI will provide Teledyne greater access to life sciences customers and markets, Read More →
Read More →Santa Barbara software company QAD has new product
Santa Barbara software company QAD released its newest product in its demand and supply chain planning suite July 13. “This latest version features many improvements and extended capabilities that make QAD DSCP more comprehensive and even easier to use,” Luc Janssen, vice president of research and development for manufacturing and supply chain solutions, said in Read More →
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