Inogen’s second quarter revenues, profits way up
Inogen revenues increased 24 percent and profits increased 48 percent, the company said when it released second quarter earnings results Aug. 4 Revenues for the Goleta-based maker of direct-to-consumer respiratory products increased 24 percent from $44 million during the second quarter of 2015 to $54.57 million in 2016, beating analyst revenue estimates of $52.44, million Read More →
Read More →Teledyne’s second quarter revenues, profits, earnings per share down
Teledyne Technology revenues fell, profits fell and earnings per share fell during the second quarter, the company announced when it released second quarter earnings results Aug. 4. The Thousand Oaks-based industrial conglomerate saw second quarter revenues fall 6.7 percent from $573.6 million in 2015 to $534.9 million in 2016, which missed analyst estimates of $546.7 Read More →
Read More →Inphi completes sale of Rambus
Inphi completed the sale of its memory product business to Sunnyvale-based Rambus Aug. 4. The Santa Clara-based Inphi, which designs chips aimed at packing more memory onto Internet servers and increasing bandwidth, employs a large engineering force in Thousand Oaks. The sale will allow it to focus on its communications business. As part of the Read More →
Read More →Satellite lands at Vandenberg Air Force Base
An earth-imaging satellite arrived at Vandenberg Air Force Base July 28 in preparation for a September launch. The WorldView-4 Satellite arrived at Vandenberg after being shipped 250 miles in a rolling mobile cleanroom from Sunnyvale. Lockheed Martin built the satellite, which will launch at about 11:30 a.m. Sept. 15 from Vandenberg’s launch pad SLC-3E. The Read More →
Read More →Land O’Lakes completes Ceres acquisition
Minneapolis-based Land O’Lakes completed its acquisition of Thousand Oaks-based ag-biotech company Ceres on Aug. 1. On June 17, Land O’Lakes, an ag and food conglomerate that had $13 billion in sales in 2015, announced it would buy Ceres for $17.2 million. For about two decades, Ceres had been devoted to developing biofuels using crops like Read More →
Read More →CFO of Goleta’s Resonant leaves company
Goleta-based Resonant, a designer of filters for radio frequency front-ends, announced July 29 that John Philpott, the company’s chief financial officer, has left the company for personal reasons. Ross Goolsby of Bridgepoint Consulting will join the company Aug. 1 and will become interim CFO after the company files its form 10-Q for the second quarter. Read More →
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PG&E replacing Diablo Canyon power won’t be easy
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