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Montecito Bank & Trust
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Third quarter income down at The Trade Desk

By   /  Thursday, November 10th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Third quarter income down at The Trade Desk

The Trade Desk announced third quarter net income of $3.6 million, or 6 cents per share, down from $4.6 million and 10 cents per share for the same period last year. The Ventura advertising technology platform provider earned $73.6 million after costs in its initial public offering Sept. 21 and issued new product features, including Read More →

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Interlink Electronics income up for third quarter

By   /  Thursday, November 10th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Interlink Electronics income up for third quarter

Interlink Electronics in Westlake Village announced a 22.7 percent increase in revenues for its third quarter to $3.2 million, with earnings per basic and diluted share of 8 cents. Net income for the quarter rose from $458,000 in the third quarter last year to $614,000 in the third quarter this year, a 34 percent gain. Read More →

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AppFolio revenue up as company gets closer to profitability

By   /  Monday, November 7th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on AppFolio revenue up as company gets closer to profitability

Santa Barbara cloud software firm AppFolio is edging closer to profitability. Third quarter results from the business-to-business software firm released Nov. 7 show an increase in revenue to $28.2 million or 39 percent above the previous year’s quarter. The company lost $1.1 million on GAAP-based accounting but AppFolio’s non-GAAP numbers showed a $200,000 profit and Read More →

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Latest

Salem misses earnings estimates for third quarter

By   /  Monday, November 7th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Salem misses earnings estimates for third quarter

Salem Media Group beat analyst revenue estimates but missed earnings per share estimates, according to third quarter earnings reported Nov. 7. Salem Media Group, a Camarillo-based Christian and conservative radio operator, reported revenues of $71.3 million, up from $67.5 million in 2015, which topped analyst estimates by $2.5 million. Net income rose from $2.1 million Read More →

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Heritage Oaks Bank income up slightly in third quarter

By   /  Friday, November 4th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks Bank income up slightly in third quarter

Paso Robles-based Heritage Oaks Bank reported a net income of $4.2 million in the third quarter, or 12 cents per diluted common share, up from $4 million, or 12 cents per share, for the same period last year. Gross loans increased by $136 million, or 11.3 percent, to $1.3 billion, compared to $1.2 billion in Read More →

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Latest

Central Coast bank merger wave rolls on

By   /  Friday, November 4th, 2016  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Central Coast bank merger wave rolls on

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Latest

PennyMac beats analyst estimates for third quarter earnings

By   /  Thursday, November 3rd, 2016  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac beats analyst estimates for third quarter earnings

Moorpark-based PennyMac Financial Services reported a $122.3 million profit on revenue of $291.4 million for the third quarter, exceeding Wall Street expectations 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 $1.06 cents per diluted Read More →

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