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Inogen reports huge increase in net income

By   /  Tuesday, February 28th, 2017  /  Earnings, Health Care, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inogen reports huge increase in net income

Inogen, a maker of portable oxygen concentrators based in Goleta, announced a 77 percent increase in net income Feb. 28 on fourth quarter revenues of $50.9 million. Sales revenues grew 47.2 percent over the same quarter in 2015, to $42.6 million. Net income for the quarter was $5.3 million, bringing the company up to $20.5 Read More →

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AppFolio revenues grow, losses shrink

By   /  Monday, February 27th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on AppFolio revenues grow, losses shrink

AppFolio announced an increase in fourth quarter and full year revenues Feb. 27, decreasing its net losses per share by around a third compared to 2015. The Goleta-based company’s revenues for the quarter ended Dec. 31 grew 37 percent to $28 million, up from $20.4 million during the same period the prior year. Full year Read More →

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LTC Properties reports increase in net income

By   /  Thursday, February 23rd, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on LTC Properties reports increase in net income

Westlake Village-based LTC Properties announced a 15.7 percent increase in net income to $20.6 million, or 53 cents per diluted share, for the quarter ended Dec. 31. Revenues increased from $30.8 million for the fourth quarter of 2015 to $34.8 million for the fourth quarter of 2016, attributed in part to higher investing activities. Interest Read More →

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Resonant agrees to sell $7.5 million in stock to Longboard

By   /  Tuesday, February 21st, 2017  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Resonant agrees to sell $7.5 million in stock to Longboard

Goleta-based radio frequency front-end designer Resonant agreed to allow its stockholder Longboard Capital Advisors to purchase $7.5 million worth of stock and stock warrants. Expected to close Feb. 22, each unit in the offering will be sold for $4.61, the average closing price for Resonant common stock between Feb. 3 and Feb. 16. In addition, Read More →

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The Trade Desk stock up 8 percent as firm sells 5 million shares

By   /  Tuesday, February 21st, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on The Trade Desk stock up 8 percent as firm sells 5 million shares

Shares of Ventura-based The Trade Desk jumped 8 percent to $35.00 as the company announced the launch of a 5 million share offering by current investors. At the company’s closing price on Feb. 21, the offering would have a gross value of around $165 million before a possible 10 percent overallotment, as disclosed in the Read More →

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San Luis Obispo’s MindBody closes in on profitability

By   /  Friday, February 17th, 2017  /  Earnings, right, Technology, Tri-County Public Companies  /  Comments Off on San Luis Obispo’s MindBody closes in on profitability

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The Trade Desk reports strong income growth

By   /  Thursday, February 16th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on 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 →

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