Commercial sales down but office leasing rebounds
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UCSB researchers to study biological effects of decommissioning Venoco’s Platform Holly
Higher Education, Latest newsUC Santa Barbara researchers will study the biological effects of decommissioning options for Venoco’s Platform Holly on local fish and wildlife populations. The oil and gas company ceded the platform in April to the state, which has the option of either removing the structure completely or leaving a portion of it in place as an Read More →
Stellar Biotechnologies revenues fall in third quarter
Earnings, Health Care & Life Science, Latest news, Tri-County Public CompaniesRevenues for Port Hueneme-based immunotherapy developer Stellar Biotechnologies fell to $20,000 for its fiscal third quarter, about a ninth what it was for the same quarter the prior year. The slump in sales was a product of lower volume orders for the three months ended June 30, the company said in an earnings release Aug. Read More →
The Trade Desk doubles net income for second quarter
Earnings, Latest news, Tri-County Public Companies, West Ventura CountyThe Trade Desk stock slumped more than 7 percent ahead of an earnings release that showed a 54 percent increase in the Ventura-based company’s second quarter earnings, bringing in $72.8 million and doubling its net income to $18.8 million. Earnings per diluted share nearly tripled to 43 cents, up from 15 cents for the same Read More →
LTC Properties reports higher net income for second quarter
Earnings, Latest news, Real Estate, Tri-County Public CompaniesLTC Properties, a Westlake Village-based real estate investment trust, reported $25.3 million in net income or 64 cents per diluted share for the second quarter of 2017 on Aug. 9. That was up from $22.1 million, or 58 cents per diluted share, for the second quarter of 2016. The company had higher revenues in 2017 Read More →
Sientra increases sales but legal settlement doubles losses
Earnings, Health Care & Life Science, Latest news, Tri-County Public CompaniesSientra increased net sales more than 30 percent for its second quarter ended June 30 but net losses doubled to $20.4 million, or $1.07 per share. The Goleta breast implant designer and manufacturer brought in $8.2 million in sales, up from $6.2 million for the second quarter of 2016, primarily for its breast products. Its Read More →
Inphi stock up despite reporting net loss for quarter
Earnings, Latest news, Technology, Tri-County Public CompaniesInphi stock shot up more than 4 percent Aug. 8 after the semiconductor company reported a 39 percent increase in revenues but still posted a $15 million net loss. Revenues grew to $84.4 million during the quarter ended June 30, compared to $60.5 million in the second quarter of 2016. Net income fell from nearly Read More →
