The Trade Desk reports strong income growth
The Trade Desk reported a 29 percent increase in net income in its fiscal year 2016 earnings statement Feb. 16 and filed a proposal with the Securities and Exchange Commission for a follow-on stock offering. The Ventura advertising platform company made $10.3 million in the fourth quarter of 2016 for a total of $20.5 million Read More →
AeroVironment releases pilot program details at expo
Unmanned aircraft systems company AeroVironment published details from its pilot program and debuted a new drone and support system at the World Ag Expo and National Farm Machinery Show Feb. 14 in Tulare, CA. Based in Monrovia, with operations in Simi Valley, the company partnered with farmers and universities to develop a drone that would Read More →
Mercer Advisors acquires Duckworth Wealth Advisors
Santa Barbara-based investment firm Mercer Advisors acquired Duckworth Wealth Advisors in Newport Beach, the company announced Feb. 13. Mercer acquired Duckworth and its $160 million in client assets for an undisclosed price, creating a combined company with more than $9.6 billion and 6,400 clients nationwide. Duckworth offers investment management, financial planning, estate and tax planning Read More →
Drug sales for biotech giant Amgen boost bottom line
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Deckers Brands struggles as iconic shoe brand sales decline
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MindBody revenues grow, net loss narrows
Revenues for San Luis Obispo cloud-based business management software company MindBody grew 35 percent in the fourth quarter of 2016, narrowing its net loss for the year to $23 million, or 58 cents per share. Net losses for the quarter were $1.6 million, or 4 cents per share, down from $6.5 million for the same Read More →
Inphi reports strong fourth quarter revenue growth
Semiconductor producer Inphi, which has operations in Westlake Village, reported fourth quarter net income of $19.1 million, or 42 cents per diluted share, bringing the company to $26.5 million in net income for its fiscal year 2016. Revenues from continuing operations rose 53 percent, from $52.9 million in the fourth quarter of 2015 to $80.9 Read More →
