Semtech earnings fall short of analyst estimates
Earnings, Latest news, Technology, Tri-County Public CompaniesSemtech announced first quarter 2018 earnings of $11.8 million June 1, a 71 percent increase over the previous first quarter for earnings per share of 18 cents — missing analyst estimates ranging from 28 to 41 cents per share. Net sales rose 9.6 percent to $143.8 million during the quarter ended April 30, after deducting Read More →
Champions in Health Care to take part in panel discussion
Latest newsThe Business Times is pleased to announce our 2017 class of Champions in Health Care award winners. This annual special section published with the May 19 print edition. The award winners will participate in a panel discussion surrounding our 2017 theme: The aging population and elder care. The 2017 Champions in Health Care Summit, including a luncheon and panel, will Read More →
Community West Bank opening loan office in Paso Robles
Banking & Finance, Banking Industry, Central Coast, Latest newsCommunity West Bank announced on Friday that it plans to open a loan production office in Paso Robles. The office, at 725 Creston Road, will open in June and will become Community West Bank’s first Paso Robles Office. “Community West Bank continues to expand our business banking presence on California’s Central Coast,” said Martin Plourd, Read More →
Port of Hueneme getting funds from Army Corps of Engineers
Latest news, West Ventura CountyUpdated at 4 p.m. May 26: The Port of Hueneme will receive $778,000 from the Army Corps of Engineers, the first of the port funds it became eligible to receive with the passing of the Water Infrastructure Improvement for the Nation Act in December. The port was previously ineligible to receive money for maintenance from Read More →
Manufacturing software provider QAD reports net loss
Earnings, Latest news, Technology, Tri-County Public CompaniesSanta Barbara-based manufacturing software provider QAD reported a $2.6 million net loss for the fiscal first quarter 2018, ended April 30. Revenues grew 9.1 percent compared to the same period the previous year to $71.4 million, despite a $1.2 million impact from currency. This was primarily driven by a 34 percent increase in subscription revenue Read More →
Deckers Brands’ losses grow as footwear sales decline
Earnings, Latest news, Tri-County Public CompaniesUpdated at 4:20 p.m. May 26: Deckers Brands shares jumped more than 18.8 percent to $67.21 on May 26 following an earnings announcement that beat analyst expectations and continued to climb in after-hours trading. Deckers reported a net loss of $15.76 million for its fourth quarter, bringing it to a net loss of $12.7 million Read More →
PennyMac declares dividend of 54 cents
Latest news, Personal Finance, Tri-County Public CompaniesThe board of trustees for PennyMac Mortgage Investment Trust declared a dividend of 54 cents for the Westlake Village company’s stockholders May 23. The dividend will be paid on June 15 to stockholders of record June 1. • Contact Marissa Nall at [email protected].
