Deckers shares plummet as Q1 earnings drop 87%
Shares of Goleta-based Deckers Outdoor Corp. plunged 8.6 percent on Friday as the Ugg boot parent reported first-quarter earnings were a fraction of what they had been a year earlier. Deckers said first-quarter profits were $1 million, or 3 cents per share, compared to $8 million, or 20 cents per share, a year earlier. The Read More →
Semtech sets sales record, shares soar
[wikichart align=”right” ticker=”NASDAQ:SMTC” showannotations=”true” livequote=”true” startdate=”06-09-2012″ enddate=”06-03-2013″ width=”300″ height=”245″] Camarillo-based Semtech beat analyst expectations for revenue and profits for its most current fiscal year and raised its sales prediction for the next quarter, sending shares up more than 11 percent in after-hours trading. Semtech said its full-year revenue came to $578.8 million, up 20.4 percent Read More →
Deckers earnings dropped 36% in 2012
Shares of Deckers Outdoor Corp. shot up 7.4 percent in after-hours trading as the Goleta firm predicted 2013 revenue will increase 7 percent over last year’s levels. Deckers earned $98 million in the fourth quarter, a 22.9 percent decline over a year earlier. Diluted earnings per share were $2.77 compared to $3.18 a year earlier, Read More →
Limoneira predicts sales gains after profits dip
Santa Paula-based Limoneira Co. said fourth-quarter revenue jumped sharply but that it experienced a decline in profit because of expenses for Sheldon Ranch, a new 1,000-acre lemon and citrus leasehold that is expected to be profitable in 2013. The company said it expects strong results from those lemon and citrus in 2013, when it also Read More →
Ugg maker shears outlook after plunging Q3 profits
[wikichart align=”center” ticker=”DECK” showannotations=”true” livequote=”true” rollingdate=”1 year” width=”390″ height=”245″] Ugg boot company Deckers Outdoor Corp.’s shares plunged 14.7 percent in after-hours trading on Oct. 25 as the footwear firm’s sales slipped and it said 2012 profits are expected to be down one-third compared to last year. Deckers, currently building a new, campus-style headquarters in Goleta, Read More →
Amgen’s profits jump as forecast brightens
Amgen reported higher-than-expected earnings on Oct. 23 and raised its outlook for the rest of the year. Amgen’s earnings are regionally significant because the Thousand Oaks biotech firm is Ventura County’s largest private sector employer. The company turned in adjusted third-quarter earnings of $1.67 a share, topping the Wall Street estimate of $1.47 by a Read More →
