Sierra Bancorp, the parent company of Bank of the Sierra, announced its results for the third quarter of 2024 on Oct. 21, noting that consolidated net income was at $10.6 million for the quarter, up from $9.8 million in the same quarter a year ago. Bank of the Sierra is headquartered in Porterville but has Read More →
The Community Bancorp of Santa Maria, the parent company of Community Bank of Santa Maria, announced its earnings for the third quarter of 2024 on Oct. 16 after the markets closed. The bank announced that net income for the third quarter was $819,337 which is an increase from $700,729 from the second quarter of 2024. Read More →
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By Julia Staley Special to the Business Times Inogen, the Goleta-based developer of portable oxygen concentrators, saw its shares increase by 44.67% after its second-quarter earnings announcement on Aug. 6. The day after the earnings announcement, shares were valued at $11.08. Share value has continued to increase with shares valued at $12.49 on Aug. 13. Read More →
By Julia Staley Special to the Business Times Sonos’ quarter three results beat analyst estimates despite recent app glitches. The Santa Barbara-based audio equipment manufacturer held its quarter three earnings call on Aug. 7, reporting company revenue at $397.1 million, a 6% year-over-year increase. Sonos CEO Patrick Spence primarily attributed Sonos’ revenue growth to its Read More →