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Sientra narrows losses in first quarter report

By   /  Tuesday, May 9th, 2017  /  Earnings, Health Care, Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Sientra narrows losses in first quarter report

Goleta-based breast implant company Sientra continued to cut its losses, losing $11.4 million in the first quarter of 2017, down from $11.9 million for the same period the year prior. “I am pleased with our first quarter performance, which was in line or above our expectations,” said Jeffrey Nugent, chairman and CEO. “In the first Read More →

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Salem Media to offer $225 million in secure notes

By   /  Monday, May 8th, 2017  /  Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on Salem Media to offer $225 million in secure notes

Salem Media Group reported first quarter 2017 net income of $1.1 million, or 4 cents per share, and announced plans for a private offering of $225 million in senior secured notes May 8. Total revenues and operating expenses both edged up slightly from the previous first quarter for the Camarillo-based Christian and conservative media company, Read More →

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First quarter profit up at LTC Properties

By   /  Monday, May 8th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on First quarter profit up at LTC Properties

Westlake Village-based LTC Properties on May 8 reported $21.4 million in profit for the first quarter of 2017, or 54 cents per diluted share, up from $19.8 million, or 53 cents per diluted share, during the first quarter of 2016. LTC Properties is a real estate investment trust that buys facilities such as nursing homes. Read More →

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Boost in revenues helps AppFolio turn first quarter profit

By   /  Friday, May 5th, 2017  /  Earnings, Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Boost in revenues helps AppFolio turn first quarter profit

Updated at 3:45 p.m. May 8: Goleta-based software company AppFolio announced first quarter profits of $660,000, or 2 cents per share, after a 38 percent increase in revenues over 2016. Net income edged into the positive, compared to a $3.6 million loss for the same period last year and fourth quarter losses of $1.3 million. Read More →

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PennyMac Financial Services misses analysts’ first-quarter profit estimates

By   /  Friday, May 5th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac Financial Services misses analysts’ first-quarter profit estimates

Westlake Village-based PennyMac Financial Services reported first-quarter profit of $10.9 million or 47 cents per share on May 5. The results were lower than Wall Street expectations, which analysts surveyed by Zacks Investment Research had put at 63 cents per share. PennyMac Financial Services reported $62 million in pretax income for the first quarter of Read More →

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Central Coast credit unions on the rise

By   /  Friday, May 5th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news, South Coast  /  Comments Off on Central Coast credit unions on the rise

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Teledyne’s 2017 first quarter sales up but net income down

By   /  Thursday, May 4th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Teledyne’s 2017 first quarter sales up but net income down

Thousand Oaks-based Teledyne Technologies on May 4 reported first quarter 2017 sales of $566.1 million, compared with sales of $530.5 million for the first quarter of 2016, an increase of 6.7 percent. Net income was $30.5 million or 84 cents per diluted share for the first quarter of 2017, compared with $39.0 million or $1.11 Read More →

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