Deckers posts record Q4 revenue, beats Wall Street expectations
By Staff Report / Thursday, May 28th, 2015 / Earnings, Latest news, South Coast, Top Stories / Comments Off on Deckers posts record Q4 revenue, beats Wall Street expectations
Goleta-based footwear and apparel company Deckers managed to smash Wall Street expectations in its fiscal 2015 fourth quarter earnings. The company recorded a $1.4 million profit for the quarter after posting a loss in the same period last year. Deckers also had record revenue of $340.6 million for the quarter, an increase of 15.6 percent Read More →
Read More →Oil pipeline owners may face more than fines for Santa Barbara County spill
By Staff Report / Friday, May 22nd, 2015 / Energy, Latest news, South Coast, Top Stories, Tourism / Comments Off on Oil pipeline owners may face more than fines for Santa Barbara County spill
California Attorney General Kamala D. Harris on Friday said her office is actively working with the Santa Barbara District Attorney’s office and state and federal agencies to investigate the incident.
Read More →Milo takes home top honors at UCSB’s New Venture Competition
By Alex Kacik / Friday, May 22nd, 2015 / Latest news, South Coast, Technology, Top Stories / Comments Off on Milo takes home top honors at UCSB’s New Venture Competition
Six teams emerged from an initial 40 to vie for a pool of $41,500 in cash prizes at the competition, which has been around for 16 years and has produced companies like BioIQ, Phone Halo, Sirigen and Inogen.
Read More →AppFolio files for $100M IPO
By Staff Report / Tuesday, May 19th, 2015 / Banking & Finance, Latest news, Real Estate, South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on AppFolio files for $100M IPO
Goleta-based AppFolio filed with U.S. regulators May 18 for an initial public offering. The developer of cloud-based property management software listed $100 million as the initial fundraising target, however the size the IPO could change. The company did not stipulate how many shares it plans to sell. The move comes on the heels of Read More →
Read More →ERG Resources files bankruptcy, business for sale
By Staff Report / Thursday, May 7th, 2015 / Banking & Finance, Latest news, Real Estate, South Coast, Top Stories / Comments Off on ERG Resources files bankruptcy, business for sale
ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on Read More →
Read More →Inogen earnings top Wall Street expectations again
By Staff Report / Monday, April 27th, 2015 / Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Inogen earnings top Wall Street expectations again
Inogen, the Goleta-based maker of direct-to-consumer respiratory products, on April 27 reported fourth-quarter profit of $1.5 million. The company said it had net income of 7 cents per share. Earnings, adjusted for pretax gains, were 6 cents per share. Inogen, which produces oxygen concentrators for patients suffering from chronic respiratory conditions, posted revenue of $29.1 Read More →
Read More →Smart & Final bulking up in Oxnard shopping center
By Staff Report / Thursday, April 23rd, 2015 / Latest news, Real Estate, South Coast, Top Stories, West Ventura County / Comments Off on Smart & Final bulking up in Oxnard shopping center
Smart & Final is more than doubling its footprint in Oxnard’s Lemon Grove Plaza shopping center. The Commerce-based company recently signed a lease for 43,200 square feet at the center and is re-opening as a Smart & Final Extra concept. The center is located on North Oxnard Boulevard. The company had been operating in a roughly Read More →
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