TECH: Some Analysts See Overreaction, Rate Stock as a Buy
Shares of Viasat Inc. swooned, dipping 17 percent Aug. 10 after the company released results from the first quarter of its 2019 fiscal year.
Matt Kite moved to the U.S. from the U.K. in 2004. Today he employs more than 30 people at Cerna Solutions, which he established in 2012 to provide implementation services for companies looking to use the cloud-based IT services offered by tech giant ServiceNow.
ENGINEERING: Firm Does Analysis, Design and Software
Shake, rattle and roll. That is an admittedly nontechnical explanation of what ATA Engineering Inc. does.
FINANCE: Tech Opens Data Door on Borrowers; Co. Secures $145M
A San Diego-based online lender that employs 40 data scientists that guide its lending decisions recently secured $145 million to expand its business, which makes unsecured personal loans to borrowers with blemished or little credit history.
Cybersecurity software company Fhoosh has named Scott Carter chairman of the board. The company made its announcement Aug. 15.
TECH: Co. Creates Platform to Facilitate and Follow In-Store Transactions
As much as companies assert their uniquenesses, some users see little difference between using Uber or Lyft to hail a ride via smartphone or Livingsocial instead of Groupon for local deals.
LRAD Corp. reported a net loss of $80,000 on revenue of $7.5 million in its third quarter, which ended June 30.
Sales and marketing enablement company says its platform played a role in 11 million of sales interactions in the first six months of the year.
Nick Bulcao and Ryan Rusnak founded Airspace in 2015.
Turtle Beach Corp., a maker of gaming headsets and accessories, reported net income of $6.3 million on net revenue of $60.8 million.
TECH: From Building to Selling, Tech Tools Are Now a Must
Drones that help map buildings and property in a fraction of the time than it used to involve, and virtual reality systems that take people inside buildings still in the planning stages are among the technological innovations that are transforming commercial real estate.
Viasat Inc. recorded a higher net loss — and higher revenues — in its latest quarter.
ENERGY: Company Aims For Less Waste, More Safe, And Less Expensive Model
Naysayers are nothing new for General Atomics. While others say nuclear power is on the decline, the privately held company is betting on a vision of small reactors cooled by helium gas.
Cubic Corp. reported net income of $6.3 million on net sales of $296.2 million for its third quarter, which ended June 30.
Inseego Corp. said Aug. 6 that it received a private placement of $19.7 million from an affiliate of Tavistock Group as well as North Sound Partners.