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By Staff Report / Thursday, November 19th, 2015 / Earnings, Latest news, Tri-County Public Companies / Comments Off on Semtech third quarter earnings per share miss estimate
Semtech, a Camarillo-based maker of semiconductors for cell phones and electronic devices, missed analyst estimates slightly when the company reported third quarter results Nov. 18. Semtech reported earnings per share of 16 cents. Analysts had expected earnings per share of 24 cents. Semtech slightly exceeded analyst revenue estimates of $115.4 million by posting earnings of Read More →
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By Staff Report / Tuesday, November 17th, 2015 / Central Coast, Central Coast Health Watch, Latest news, Top Stories / Comments Off on French Hospital Medical Center unveils educational facility
French Hospital Medical Center has taken the wraps off an 18,000-square-foot health and education facility it hopes will forge closer ties between the hospital and higher education in San Luis Obispo. With about 200 business and community leaders standing by, CEO Alan Iftinik unveiled the Copeland Health Education Pavilion. Iftinik said the building, which Read More →
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By Staff Report / Tuesday, November 17th, 2015 / Latest news, South Coast, Top Stories / 1 Comment
Citrix Systems Inc., the cloud-services company, is planning to cut about 1,000 jobs and spin off its Goleta-based GoToMeeting division rather than sell the online meeting organizer, it announced Nov. 17. Activist investor Elliott Management Corp. has been calling for change at the software firm. Citrix also noted that it would restructure its labor force, Read More →
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By Staff Report / Wednesday, November 11th, 2015 / Central Coast Health Watch, Earnings, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Inogen’s third quarter earnings beat Wall Street expectations
Inogen, a Goleta-based maker of direct-to-consumer respiratory products, beat analyst estimates for revenue when the company released third quarter earnings on Nov. 10. Revenues were up 38.7 percent from $29.4 million during the third quarter of last year to $40.8 million this year. Analysts had predicted revenues of $37 million. Inogen also reported adjusted Read More →
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By Staff Report / Tuesday, November 10th, 2015 / Latest news / Comments Off on No Startup Weekend Santa Barbara this year
Startup Weekend Santa Barbara will not be happening this year. The event was held the second weekend in November each of the past two years. Santa Barbara startup NextMover won the inaugural event in 2013. NextMover provided users with a cheap alternative to moving companies by connecting people with owners of large vehicles that wanted Read More →
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By Staff Report / Monday, November 9th, 2015 / Latest news / Comments Off on Santa Barbara’s Beneflex buys Newbury Park-based Insurance Dimensions
Santa Barbara-based Beneflex Insurance Services recently acquired Newbury Park-based Insurance Dimensions. Beneflex helps small- and medium-sized companies in the tri-county region navigate Affordable Care Act compliance and other issues regarding employee benefits. It acquired Insurance Dimensions on Oct. 1 to increase its client base throughout Santa Barbara and Ventura counties and benefit from owner/operator Aline Read More →
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By Staff Report / Monday, November 9th, 2015 / Latest news, Technology, Top Stories / Comments Off on AppFolio reports strong revenue for third quarter
AppFolio founder and chief strategist Klaus Schauser Santa Barbara-based cloud computing firm AppFolio said revenue jumped 56 percent to $20.3 million for the third quarter as losses grew to $4.8 million. The company, which specializes in providing business-to-business cloud services, said that it had increased both law firm and property management Read More →
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