Deckers races past third-quarter expectations behind strong Hoka sales
Deckers’ attempt to turn its running shoe brand, Hoka One One, into a billion-dollar blockbuster keeps panning out with each quarter that passes. The Goleta-based company again outpaced analysts’ expectations, this time for the third quarter of 2022, as revenue and earnings both shot up thanks in large part to the continuing growth of the Read More →
American Riviera notes rising net income for 2022
American Riviera Bancorp reported a net income of $13.5 million or $2.37 per share for fiscal year 2022 a rise from $11.8 million or $2.09 per share for the same time period last year. The increase in net income in 2022 as compared to 2021 is mostly due to loan growth, increased interest income on Read More →
Community West Bancshares nets record earnings
Community West Bancshares reported a record net income of $13.4 million or $1.51 per share in fiscal year 2022, the firm said in its earnings announcement on Jan. 27. The company’s board of directors also declared an increase of its quarterly cash dividend by 6.7% to $0.08 per common share, payable on Feb. 28 to Read More →
QAD sees major expansion ahead with Redzone acquisition
Santa Barbara-based QAD has secured its second acquisition in as many months, this time purchasing Florida-based Redzone for a reported $1 billion, the software company announced Feb. 1. QAD, which provides cloud software for the manufacturing industry, did not disclose how much the deal was worth. However, according to Reuters, the deal is worth about Read More →
Reflection and gratitude from Sansum medical director
January 20th marked three years since the first laboratory-confirmed case of COVID-19 was detected in the United States, followed a few short months later with the World Health Organization and CDC’s declaration of a global pandemic. At the time, none of us could have imagined how much our lives would be upended, or for how Read More →
Amgen reports drop in profit for fourth quarter
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Wine Buzz: Wine loses its way among consumers younger than 60
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