San Diego Business Journal

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Mitek Systems Inc. Reports Q2 Revenue of $8.5 Million

Kearny Mesa-based Mitek Systems Inc. reported net income of $600,000, or 2 cents per diluted share, on revenue of $8.5 million in its second quarter of fiscal 2016, which ended March 31.

Indus Navy Deal Could Be Worth $2.92M to Contractors

Indus Technology Inc. said on May 3 that it is leading a team that received a U.S. Navy contract that could we worth up to $2.92 million over five years, if the Navy exercises all of its options.

Cubic Reports Sales of $366 Million for Q2

Cubic Corp., the defense contractor that also makes fare-collection technology for mass transit, reported net income of $10.1 million, or 38 cents per diluted share, on sales of $366 million for the second quarter of its 2016 fiscal year.

Slight Increase Boosts a Strong Local Economic Index

The University of San Diego’s economic index rose 0.4 percent in March to a level not seen since the exuberant days of 2005-2007.

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System Takes Stock of Pharmacy Inventory and Processes

TECH: Carlsbad Co. Uses Radio Frequency in Labels To Help Monitor Meds

Tiny numbers on tiny bottles, which need an eagle eye. Trays and tackle boxes full of medicine, which need a good check before they go back into an operating room. Those are some of the less-glamorous details in the life of a pharmacy technician — details that MEPS Real-Time Inc. wants to automate.

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Tide Turns in I.B.

DEVELOPMENT: Area’s Coastal Assets Effectively Used In Redevelopment

People with memories of Imperial Beach who have not seen the place in 10 or 20 years may be in for a surprise.

Navy Awards Coffman Specialties Inc. $18 Million Contract

The U.S. Navy awarded Mira Mesa-based Coffman Specialties Inc. an $18 million task order for runway repair and aircraft lighting repair at Naval Air Station Fallon in Nevada, east of Reno.

Callaway Golf Reports Q1 Net Income of $38.4 Million

Callaway Golf Co., the Carlsbad maker of clubs, balls and golf accessories, reported net income of $38.4 million, or 40 cents per diluted share, on net sales of $274.1 million during its first quarter, which ended March 31.

Kratos Subsidiary Working With Government of Oman

Kratos Defense & Security Solutions Inc. said April 26 that its Kratos ISE subsidiary was working with the government of Oman on an advanced space radio monitoring system.

Nimble Software Systems Receives $4 Million Series A Investment

Carlsbad-based Nimble Software Systems Inc. said April 25 that it received $4 million in series A funds from Australia-based Seek Ltd. The funding round closed April 16.

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