Santa Barbara’s Movegreen acquires Apollo Moving and Storage
Latest news, Small Business, South CoastSanta Barbara eco-friendly moving and storage company Movegreen announced its acquisition of Anaheim-based Apollo Moving and Storage, adding operations in Los Angeles, Orange, Riverside and North San Diego counties. The expansion follows the acquisition of Sheeler Moving and Storage in December, 2014, which doubled the company’s size at the time. Currently the third largest regional Read More →
Revenue up but net income down at Salem Media Group
Earnings, Latest news, Tri-County Public Companies, West Ventura CountyStory updated at 10:40 a.m. March 10: Salem Media Group, a Christian and conservative media company based in Camarillo, announced a decline in fourth quarter and full year net income, despite revenue increases. Revenues for the quarter ended Dec. 31 came to $70.7 million, up from $69.1 million for the fourth quarter of 2015. Full Read More →
Santa Barbara’s QAD reports $15.5 million net loss
Earnings, Latest news, Technology, Tri-County Public CompaniesSanta Barbara manufacturing software company QAD reported a $15.5 million net loss, or 84 cents per diluted Class A share for the fiscal year ended Jan. 31, as a result of a valuation allowance related to deferred tax assets. The valuation allowance was connected to the company’s investments in cloud technology, the March 9 earnings Read More →
Semtech reports skyrocketing net income
Earnings, Latest news, Technology, Tri-County Public CompaniesCamarillo semiconductor company Semtech announced $8 million in net income for the fourth quarter of its fiscal year 2017, up from $1.25 million for the same quarter last year. Full fiscal year 2017 net income came to $54.66 million, more than three times its net income for 2016. Earnings per share during the quarter rose Read More →
Amgen declares $1.15 per share dividend
Health Care & Life Science, Latest news, TechnologyThe board of directors for Thousand Oaks biotechnology company Amgen declared a $1.15 per share dividend March 3 for the second quarter of 2017. The dividend will be paid on June 8 to all stockholders of record as of the close of business on May 17. The company has a market cap of $130.1 billion Read More →
Calavo Growers reports record revenues but net income down
Agribusiness, Earnings, Latest news, Tri-County Public CompaniesSanta Paula-based Calavo Growers reported record first quarter revenues of $226.6 million, up from $204.6 million a year ago, but net income fell to $5.2 million from $6.3 million a year ago. The revenue growth was fueled by the performance of Calavo’s fruit and vegetables company Renaissance Food Group, which showed a 29 percent rise Read More →
Interlink net income grows on higher revenues
Earnings, Latest news, Technology, Tri-County Public CompaniesStory updated at 11 a.m. March 6: Interlink Electronics reported a 67 percent year-over-year increase in net income March 3, bringing in $924,000 for the fourth quarter 2016 and $2.89 million for the year. Revenues were almost flat to the fourth quarter of 2015 at $2.78 million, while fiscal year revenues increased 13 percent to Read More →
