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By Stephen Nellis / Thursday, August 21st, 2014 / Earnings, Latest news, Technology, Tri-County Public Companies, West Ventura County / Comments Off on Semtech earnings on track after layoffs
Shares of Camarillo-based chipmaker Semtech Corp. were up 4.8 percent after the company announced stronger-than-expected sales and profits. Semtech, which uses a fiscal year that ends in January each year, said Aug. 20 that its second-quarter fiscal 2015 revenues were $145.7 million, up 10 percent from the previous quarter but down 12 percent from the Read More →
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By Stephen Nellis / Tuesday, August 19th, 2014 / Banking & Finance, Latest news, Technology, Top Stories / Comments Off on IQMS taps venture heavyweights for capital infusion
Paso Robles-based software firm IQMS has taken an outside investment for the first time in its 25-year history, raising an undisclosed sum from the same financiers who have backed Faceook, Expedia and Netflix. The company said Aug. 19 that Technology Crossover Ventures led the funding round with Banneker Partners participating. The terms of the deal Read More →
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By Staff Report / Wednesday, August 6th, 2014 / Earnings, Health Care & Life Science, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on LTC beats on revenues, meets on profits
Westlake Village-based LTC Properties beat revenue estimates in the second quarter as its funds from operations were up 17.8 percent to $22.5 million, or 64 cents per common diluted share, meeting Wall Street expectations.
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By Staff Report / Wednesday, August 6th, 2014 / Earnings, Latest news, Technology, Tri-County Public Companies / Comments Off on Conversant profits on track, extends buybacks
Westlake Village-based digital marketing firm Conversant stayed on track with earnings but slightly missed Wall Street’s revenue targets as it committed to returning $150 million more in cash to shareholders through stock buybacks.
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By Marissa Wenzke / Wednesday, August 6th, 2014 / Agribusiness, Central Coast, East Ventura County, Green Coast, Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County, Wine & Viticulture / Comments Off on Crop values hit $4.4B as drought parches strawberries
Drought conditions sapped 12 percent of the value of strawberry production in Ventura County while wine grapes surged for Santa Barbara and San Luis Obispo counties to help boost the region’s crop values to $4.4 billion, according to reports on last year’s crops.