Heritage Oaks Bancorp increases third quarter earnings
Paso Robles-based Heritage Oaks Bancorp reported $4 million in net income, or 12 cents per share, for the third quarter of 2015. That was up from $3.4 million, or 10 cents per share, recorded in the third quarter of last year. Loans grew 4.8 percent, or $55.2 million, to $1.21 billion in the third quarter Read More →
Teledyne sales dropped in third quarter
Sales slumped once again for Teledyne Technologies in the third quarter. The Thousand Oaks-based industrial conglomerate said it saw sales decline for the third straight quarter when it released third quarter earnings on Oct. 29. Sales fell 7.6 percent from $601.1 million during the third quarter of 2014 to $555.4 million this year. Because of Read More →
Deckers Outdoor beats Wall Street expectations
Deckers Outdoor nearly hit Wall Street expectations on the nose with second quarter earnings released by the company Oct. 29. Sales jumped 1.4 percent during the second quarter from $480.3 million last year to $ 486.9 million for the Goleta-based manufacturer of outdoor footwear apparel and accessories. Analysts expected revenues of about $486.8 million. Deckers Read More →
Inphi third quarter earnings beat analyst estimates
Inphi Corp. beat analyst estimates by a penny when the company released third quarter earnings on Oct. 27. The Santa Clara-based company, which designs chips aimed at packing more memory onto Internet servers and increasing bandwidth, employs a large engineering force in Thousand Oaks. Inphi Corp. earnings were 25 cents per share, one cent greater Read More →
Goleta’s Community West Bank has strong third quarter
Community West Bancshares, parent company of Community West Bank headquartered in Goleta, reported on Oct. 22 net income of $1.6 million in the third quarter of 2015 compared to net income of $1.7 million in the third quarter a year ago. Community West reported net income of $1.0 million in the first nine months of Read More →
Cal Amp’s second quarter earnings beat analyst estimates
Oxnard-based Cal Amp, which makes products for the wireless sector, beat analyst estimates on Oct. 1 when it reported second quarter 2016 results. Cal Amp posted earnings of 27 cents per share, beating analyst estimates of 26 cents per share. Analysts expected Cal Amp’s revenues to be around $68 million, but the company beat those Read More →
Goleta-based Community West Bancshares reports loss
Goleta-based Community West Bancshares, parent company of Community West Bank, reported a loss of $2.3 million in the second quarter of 2015 following a $7.2 million loan settlement. The company recorded a profit of $1.7 million in the same period last year. “Community West’s second quarter results included solid loan and deposit growth and strong Read More →
