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Teledyne’s second quarter revenues, profits, earnings per share down

By   /  Thursday, August 4th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Teledyne’s second quarter revenues, profits, earnings per share down

Teledyne Technology revenues fell, profits fell and earnings per share fell during the second quarter, the company announced when it released second quarter earnings results Aug. 4. The Thousand Oaks-based industrial conglomerate saw second quarter revenues fall 6.7 percent from $573.6 million in 2015 to $534.9 million in 2016, which missed analyst estimates of $546.7 Read More →

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PennyMac Financial beats analyst estimates for second quarter

By   /  Thursday, August 4th, 2016  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on PennyMac Financial beats analyst estimates for second quarter

Westlake Village-based PennyMac Financial Services reported a net income of $74.3 million for the second quarter of 2016 on revenue of $207.8 million, exceeding analyst projection on earnings per share and revenue. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of America, reported earnings of Read More →

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Goleta-based Yardi Systems has 5,000 employees

By   /  Thursday, August 4th, 2016  /  Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on Goleta-based Yardi Systems has 5,000 employees

Goleta-based Yardi Systems said Aug. 4 that it now has 5,000 employees. Yardi, a software developer that makes software and apps for small and large real estate managers, said in a news release it hired its 5,000th employee and now has large offices in India, Romania and Canada. The company provides tenant-management software for some Read More →

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Heritage Oaks Bank beats second quarter projections

By   /  Monday, August 1st, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks Bank beats second quarter projections

Paso Robles-based Heritage Oaks Bank surpassed analyst estimates on both earnings per share and revenue in its second quarter earnings. The bank reported net income of $4.2 million, or 12 cents per diluted share, for the second quarter of 2016 compared to $3.7 million, or 11 cents per share, in the second quarter of 2015. Read More →

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Community West Bancshares second quarter income up over last year

By   /  Friday, July 29th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on Community West Bancshares second quarter income up over last year

Community West Bancshares, the parent company of Goleta-based Community West Bank, reported net income of $1.1 million in the second quarter of 2016, up from a net loss of $2.3 million in the second quarter of 2015. “Our momentum during the first half of the year has been fueled by robust loan and deposit growth, Read More →

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Pacific Coast Business Times stock index yields big return

By   /  Friday, July 29th, 2016  /  Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Pacific Coast Business Times stock index yields big return

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Deckers Outdoor first quarter operating loss bigger than last year

By   /  Thursday, July 28th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers Outdoor first quarter operating loss bigger than last year

Goleta-based Deckers Outdoor announced an operating loss of $78.3 million, a 23 percent increase over the same period last year, for its fiscal first quarter 2017, ended June 30. Diluted losses per share rose from $1.43 to $1.84 year-over-year due to decreases in sales across its Ugg, Teva and Sanuk brands. The timing of order Read More →

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