Boost in revenues helps AppFolio turn first quarter profit
Earnings, Latest news, South Coast, Technology, Tri-County Public CompaniesUpdated at 3:45 p.m. May 8: Goleta-based software company AppFolio announced first quarter profits of $660,000, or 2 cents per share, after a 38 percent increase in revenues over 2016. Net income edged into the positive, compared to a $3.6 million loss for the same period last year and fourth quarter losses of $1.3 million. Read More →
PennyMac Financial Services misses analysts’ first-quarter profit estimates
Earnings, Latest news, Real Estate, Tri-County Public CompaniesWestlake Village-based PennyMac Financial Services reported first-quarter profit of $10.9 million or 47 cents per share on May 5. The results were lower than Wall Street expectations, which analysts surveyed by Zacks Investment Research had put at 63 cents per share. PennyMac Financial Services reported $62 million in pretax income for the first quarter of Read More →
Teledyne’s 2017 first quarter sales up but net income down
Earnings, Latest news, Technology, Tri-County Public CompaniesThousand Oaks-based Teledyne Technologies on May 4 reported first quarter 2017 sales of $566.1 million, compared with sales of $530.5 million for the first quarter of 2016, an increase of 6.7 percent. Net income was $30.5 million or 84 cents per diluted share for the first quarter of 2017, compared with $39.0 million or $1.11 Read More →
MindBody revenue soars but net loss continues
Earnings, Health Care & Life Science, Latest news, Tri-County Public CompaniesSan Luis Obispo-based MindBody reported $42.2 million in first quarter revenue, a 32 percent increase from a year ago during the same period, but the company still reported a net loss. The GAAP net loss in the first quarter of 2017 was $3.9 million, down from $6.6 million during the first quarter of 2016. The Read More →
Inphi revenues grow but net loss increases
Earnings, Latest news, Technology, Tri-County Public CompaniesSemiconductor producer Inphi, with operations in Westlake Village, reported first quarter net losses of $11.3 million May 2, compared to net income of $220,000 in the first quarter of 2016. The company brought in $93.6 million in revenue from continuing operations, up from an adjusted $54.1 million for the same period last year and $80.9 Read More →
Amgen to provide rebates for Repatha patients who have heart attack or stroke
Health Care & Life Science, Latest newsThousand Oaks-based Amgen announced on May 2 that it has reached a “first-of-its-kind contract” with health care company Harvard Pilgrim. The contract provides Harvard Pilgrim with a rebate for the cost of Repatha for any eligible patient who has a heart attack or stroke while on Repatha. “Amgen is committed to combating cardiovascular disease, one Read More →
California Lutheran University may offer hospitality degree
Higher Education, Latest news, TourismCalifornia Lutheran University rounded out its annual Corporate Leadership Breakfast series in Thousand Oaks on May 2 by examining the inner workings of the hospitality industry ahead of preparations to add a new hospitality major. The timeline for rolling out the newest degree offering is yet to be announced, said Lynda Fulford, associate vice president Read More →
