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Cure Pharmaceutical navigates CBD acquisition, licensing dispute

By   /  Friday, April 9th, 2021  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, right, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

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Revenues and losses both grew at Cure in 2020

By   /  Thursday, April 1st, 2021  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

Cure Pharmaceutical, an Oxnard company with a CBD products subsidiary, reported steep revenue growth but rising net losses in the fourth quarter and full year of 2020. In an annual statement released April 1, Cure reported revenue of $2.1 million in the final quarter of 2020, up 229% from the same quarter a year before. Read More →

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QAD shares climb 7% after earnings report

By   /  Thursday, March 25th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  No Comments

QAD, a cloud software company for the manufacturing industry, saw accelerated growth from its subscription services in the final quarter of the fiscal year, providing a bit of a bounce back for the Santa Barbara company. QAD generated revenue worth $83 million in the final quarter of the fiscal year, which ended Jan. 31. That Read More →

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Mangoes are Mission’s next frontier

By   /  Friday, March 19th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, middle, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

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Semtech shares drop despite earnings beat

By   /  Thursday, March 18th, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

Semtech, a Camarillo semiconductor company specializing in Internet of Things applications, finished the 2020-21 fiscal year strong, beating analysts’ expectations and capping off a record-setting year. Semtech reported net sales of $164.1 million in the quarter ended Jan. 31, a 19.3% increase from the same quarter a year before, the company said in its fourth Read More →

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Velocity Financial recovers from pandemic with strong fourth quarter

By   /  Tuesday, March 16th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  No Comments

Velocity Financial saw its net income increase slightly from 2019 to 2020, even though the company’s loan production operations were suspended for more than half the year. The Westlake Village-based real estate finance company saw its net income go up 3%, from $17.3 million in 2019 to $17.8 million in 2020, according to earnings released Read More →

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Interlink reports profitable 2020

By   /  Tuesday, March 16th, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

Interlink electronics, a sensor tech manufacturer with major operations in Camarillo, reported rising net income on March 16 for the fourth quarter and full year of 2020. Net income for the fourth quarter was at $53,000, or 1 cent per share, a better mark than the same quarter of 2019, when Interlink reported a loss Read More →

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