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Inogen sales, profits soar in third quarter

By   /  Thursday, November 3rd, 2016  /  Central Coast Health Watch, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inogen sales, profits soar in third quarter

Inogen revenues, profits and earnings per share were up for the third quarter, the company announced Nov. 3. Inogen, a Goleta-based manufacturer of direct-to-consumer respiratory products, said revenues increased 33 percent during the quarter from $40.7 million during the same quarter last year to $54.4 million in 2016, which topped analyst revenue estimates of $47.9 Read More →

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Inphi tops expectations for third quarter

By   /  Thursday, November 3rd, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi tops expectations for third quarter

Inphi beat Wall Street expectations on revenue in its third quarter earnings report. The Thousand Oaks semiconductor design company reported $70.7 million in revenue on a U.S. generally accepted accounting principles (GAAP) basis, exceeding projections of $67.9 million. That was up 49 percent from $47.4 million in the third quarter of 2015. The growth of Read More →

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Teledyne sales dip but profits up for third quarter

By   /  Thursday, November 3rd, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Teledyne sales dip but profits up for third quarter

Thousand Oaks-based industrial conglomerate Teledyne Technologies saw sales dip but profits increase during the third quarter, according to figures released Nov. 3. Revenues for the company dipped to $526.8 million in the third quarter, compared to $551.7 during the third quarter of 2015. That missed analyst revenue estimates of $553 million, according to S&P Capital Read More →

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Sientra settles public offering lawsuits for $10.9 million

By   /  Friday, October 28th, 2016  /  Latest news, Technology  /  Comments Off on Sientra settles public offering lawsuits for $10.9 million

Goleta-based breast implant manufacturer Sientra announced a $10.9 million settlement Oct. 28 in two lawsuits that shareholders filed over the timing of the second public offering the company held in September 2015. Sientra announced in a news release that the company will pay $10.9 million to six parties in cases in federal court in Los Read More →

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Growth pains cause TrackR customers to complain

By   /  Friday, October 28th, 2016  /  left, Technology  /  Comments Off on Growth pains cause TrackR customers to complain

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Channel Technologies to lay off 198 employees in Santa Barbara

By   /  Thursday, October 27th, 2016  /  Latest news, Technology  /  Comments Off on Channel Technologies to lay off 198 employees in Santa Barbara

Channel Technologies, a Santa Barbara-area ceramic components maker that built products used in the Navy’s sonar equipment, will lay off 198 employees after the company filed for Chapter 11 bankruptcy protection Oct. 14. Filings with the California Employment Development Department said affected workers will be let go on Dec. 20. The company also has operations Read More →

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Latest

MindBody revenues grew 35 percent in third quarter

By   /  Wednesday, October 26th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MindBody revenues grew 35 percent in third quarter

MindBody continued on its path to profitability during the third quarter as revenues grew 35 percent. Revenues increased from $26 million during the same quarter of 2015 to $35.2 million in 2016. Net losses also decreased 39 percent from $9.62 million in 2015 to $5.89 million in 2016. Chief Financial Officer Brett White said on Read More →

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