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AppFolio’s net income continues to climb

By   /  Monday, November 6th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on AppFolio’s net income continues to climb

Goleta-based AppFolio’s net income continued its upward trajectory, reaching $3.68 million during the quarter ended Sept. 30, compared to $2.26 million in the previous quarter and a loss of $1.13 million for the third quarter of 2016. Revenue climbed to $37.9 million, up 34.6 percent from the same period last year, primarily due to an Read More →

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MindBody getting closer to profitability

By   /  Friday, November 3rd, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MindBody getting closer to profitability

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PennyMac income down 50 percent from previous quarter

By   /  Friday, November 3rd, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac income down 50 percent from previous quarter

Westlake Village-based PennyMac Mortgage Investment Trust reported on Nov. 2 a net investment income of $75.8 million and a net income attributable to common shareholders of $13.3 million for the quarter ended Sept. 30, down 50 percent from the previous quarter. Diluted earnings per common share were 20 cents, a decrease of 49 percent from Read More →

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Deckers counters activist investor in letter to shareholders

By   /  Friday, November 3rd, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers counters activist investor in letter to shareholders

Deckers Brands’ board of directors released a letter to shareholders, highlighting improvements to its costs, sales and stock performance and urging shareholders to vote for its nominees over those of activist investor Marcato Capital Management. In the Nov. 2 letter, the Goleta-based footwear and apparel company said it had made headway toward its $100 million Read More →

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PG&E’s net income climbs despite wildfire liability questions

By   /  Thursday, November 2nd, 2017  /  Earnings, Energy, Latest news, Tri-County Public Companies  /  Comments Off on PG&E’s net income climbs despite wildfire liability questions

Despite questions raised about the company’s liability for the fires in Northern California and a slight drop in operating revenues, net income for Pacific Gas and Electric Co. rose 41 percent for the quarter ended Sept. 30. In an earnings release Nov. 2, the company brought down its full-year earnings guidance, citing the reinstatement of Read More →

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Net income rises at Community West Bank

By   /  Thursday, November 2nd, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Net income rises at Community West Bank

Community West Bancshares, parent company of Goleta-based Community West Bank, reported a net income of $1.6 million, or 18 cents per diluted share, for the quarter ended Sept 30 — an increase of 4.9 percent from $1.5 million in the third quarter of 2016. The bank’s net interest margin for Q3 2017 was 4.27 percent. Read More →

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Increased sales at Teledyne boost net income

By   /  Thursday, November 2nd, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Increased sales at Teledyne boost net income

Sales for Thousand Oaks-based Teledyne rose more than 25 percent for the third quarter of 2017, boosting net income up 32.7 percent to $69 million, or $1.90 per diluted share. Aerospace and defense electronics sales rose 7.6 percent for the company, and engineered systems sales increased nearly 10 percent to $73.1 million. Sales in the Read More →

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