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LaunchPoint EPS develops electric flight systems in Goleta

By   /  Monday, November 16th, 2020  /  right, Technology  /  Comments Off on LaunchPoint EPS develops electric flight systems in Goleta

LaunchPoint EPS is yet another Goleta-based tech startup with hopes to advance its game-changing technology.

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Resonant reports growing revenue, shrinking losses

By   /  Tuesday, November 10th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Resonant reports growing revenue, shrinking losses

Resonant, a Goleta-based cellular technology company, reported its third quarter earnings on Nov. 10 with a net loss of $6.1 million, or 11 cents per share. That was an improvement upon the same quarter a year ago, where Resonant had a net loss of $7.4 million, or 26 cents per share. Revenue in the third Read More →

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Sientra shares up on news of earnings, new CEO

By   /  Tuesday, November 10th, 2020  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sientra shares up on news of earnings, new CEO

Goleta-based medical and surgical device company Sientra saw total net sales drop in the third quarter and a net loss of $5.8 million, or 12 cents per share, though the company said its financial performance improved in key areas. The company released its quarterly report on Nov. 9, the same day it named a new Read More →

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AppFolio earnings up as sale of MyCase unit closes

By   /  Monday, November 9th, 2020  /  Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio earnings up as sale of MyCase unit closes

AppFolio, the Goleta-based property management software company, beat analysts’ expectations on Nov. 9 with earnings of $3.86 per share for the third quarter of 2020, driven mainly by a sale of one of its business units. Quarterly earnings were much higher than the same quarter last year, when the company earned 14 cents per share. Read More →

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Inogen misses revenue target, reports loss

By   /  Thursday, November 5th, 2020  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen misses revenue target, reports loss

Inogen, a Goleta-based medical technology company that produces a portable oxygen concentrator, reported a net loss of $1.7 million and missed revenue estimates in its third quarter financial report. The company saw an almost 20% drop in total revenue from its position a year before, which it attributed to COVID-19. While the company’s rental revenue Read More →

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Deckers reports earnings growth, record revenue

By   /  Thursday, October 29th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Deckers reports earnings growth, record revenue

Deckers Brands, a footwear company based in Goleta, reported increases in sales and earnings in the most recent fiscal quarter, on the strength of major sales growth by its Teva and Hoka One One brands. Its earnings report for the second quarter of 2020-21, released Oct. 29, showed revenue up 15% from the same quarter Read More →

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Earnings up at Community West Bank

By   /  Monday, October 26th, 2020  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Earnings up at Community West Bank

Community West Bancshares, the holding company for Goleta-based Community West Bank, saw net income and net interest income rise in the third quarter, according to the company’s latest financial filings. The bank reported a net income of $2.9 million, or 33 cents per diluted share, as compared to $2.2 million, or 25 cents per diluted Read More →

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