CalAmp reports $1.5 million loss in net income for third quarter
Oxnard wireless parts maker CalAmp ended the third quarter with a $1.5 million loss in net income, or a 4 cent loss per diluted share, compared to $3.9 million in net income last year, or 11 cents per share. CalAmp was impacted by a legal expense that was $1.6 million more than the comparable period last year Read More →
Read More →Calavo Growers reports record fourth quarter income
Calavo Growers, headquartered in Santa Paula, reported record fourth quarter revenues of $247.7 million and net income of $9.2 million, almost double its net income for the same period last year. Earnings climbed to 53 cents per diluted share for the quarter ended Oct. 31, compared to 28 cents for the fourth quarter 2015, bringing Read More →
Read More →Lockheed Martin wins contract for F-35 logistics
Lockheed Martin was awarded a contract valued at $181.2 million by the Naval Air Systems Command to provide logistic services for its F-35 Lightning II aircraft. The aerospace and defense company with operations in Santa Barbara will conduct ground maintenance, supply chain management, pilot and maintainer training and support and other functions, according to a Read More →
Read More →QAD software streamlines Yamaha Motor’s data analysis
Manufacturing software provider QAD announced Yamaha Motor Manufacturing Corporation USA as a customer Dec. 7, using its Cloud QMS software at its Newnan, Georgia facility. The recreational and all-terrain vehicle manufacturer deployed the software for purchasing and data analysis, reducing time on requests information, Wayne Pierce, senior division manager of purchasing for YMMC, said in Read More →
Read More →Inphi completes acquisition of ClariPhy Communications
Inphi’s acquisition of ClariPhy Communications, valued at $277 million in addition to the assumption of some liabilities, was completed Dec. 12. The deal, announced Nov. 1, gives the semiconductor producer with operations in Westlake Village access to products that are complimentary to its own, providing high-performance but low-power platforms for its customers, President and CEO Read More →
Read More →Teledyne acquires e2v Technologies
Thousand Oaks-based Teledyne Technologies acquired the British high performance image sensor manufacturer e2v Technologies in an all-cash deal, the companies announced on Dec. 12. Under the terms of the deal, e2v’s ordinary shareholders will receive 275 pence in cash for each e2v share valuing the ordinary share capital of e2v at approximately 620 million British Read More →
Read More →Wilkinson to be new Inogen CEO as Huggenberger retires
Goleta-based respiratory product maker Inogen announced President and Chief Operating Officer Scott Wilkinson will take over as CEO of the company March 1, 2017, replacing retiring CEO Raymond Huggenberger. Wilkinson will join Huggenberger and new board member Scott Beardsley, a senior partner at San Francisco-based Novo Ventures, on the company’s board of directors, the Dec. Read More →
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