AppFolio earnings decline again

AppFolio, a Goleta-based property management software developer, saw earnings per share drop sharply for the second consecutive quarter, in financial results for second quarter of 2021, released after the markets closed Aug. 9. Net income for AppFolio was at $2 million for the quarter ended June 30, down from $19.2 million in the same quarter Read More →
PennyMac misses earnings targets

Both segments of PennyMac’s business missed estimates when they announced their second quarter financial earning reports on Aug. 5. PennyMac Financial Services reported net income of $204.2 million, or $2.94 per share on a diluted basis, missing the 3.48 per share estimate predicted by Zacks Consensus Estimates. The Westlake Village-based financial services segment had earnings Read More →
Velocity shares rise after earnings beat
Velocity Financial saw its net income rise in its second quarter financial earnings, beating estimates. The Westlake Village-based mortgage firm had net income of $9.45 million, or 28 cents per share, well above analysts’ estimates of around 15 cents per share. Velocity Financial more than tripled its net income from the same time a year Read More →

Dubroff: Ventura County ballot measure put Houweling’s in the cannabis cat bird seat

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Amgen shrugs off tough quarter, announces plans for new plant in North Carolina

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Good Works: Amgen contributes to homelessness relief; Bayer Fund gives for Ventura County blood drives
The United Way of Ventura County has received a $100,000 grant from The Amgen Foundation for the second time since 2019, to support the United Way’s United to End Homelessness Initiative. The United to End Homelessness Initiative is a landlord engagement program in Ventura County. The program’s goal is to prevent homelessness by increasing the Read More →