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Clean Diesel Technologies reports $23.5 million net loss

By   /  Friday, March 31st, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Clean Diesel Technologies reports $23.5 million net loss

Clean Diesel Technologies reported a $23.5 million net loss March 31, equal to $3.84 per share, for its fiscal year 2016, on revenues of $36.8 million, down 7 percent from $39.7 million in 2015. Fourth quarter revenues for the Oxnard maker of vehicle products fell from $9.7 million in 2015 to $8.6 million in 2016, Read More →

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Goleta-based Resonant reports net losses grew in 2016

By   /  Thursday, March 30th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Goleta-based Resonant reports net losses grew in 2016

Net losses widened in 2016 for mobile device filter designer Resonant, based in Goleta, from $9.72 million in 2015 to $15.25 million, the company announced March 30. Resonant brought in $302,000 in revenues for the year, compared to none in 2015, but total operating expenses grew 60 percent year-over-year to $15.59 million. Net losses per Read More →

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Frontier’s first year in Tri-Counties one of losses

By   /  Friday, March 24th, 2017  /  Earnings, Technology, Top Stories, Top Story, Tri-County Public Companies  /  1 Comment

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Breast implant maker Sientra narrows fourth quarter losses

By   /  Tuesday, March 14th, 2017  /  Earnings, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Breast implant maker Sientra narrows fourth quarter losses

Goleta-based breast implant manufacturer Sientra reduced its net losses for the fourth quarter of 2016 to $8.1 million, compared to $28.3 million for the same period the year prior. The company also reported $6.5 million in net sales for the fourth quarter of 2016, compared to $1.5 million for the same period in 2015. “The Read More →

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Limoneira narrows first quarter losses

By   /  Monday, March 13th, 2017  /  Agribusiness, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira narrows first quarter losses

Net losses and operating losses for Santa Paula citrus grower Limoneira fell by almost half for the first quarter of fiscal year 2017, compared to the same period last year, on a 12 percent increase in revenue. Net loss applicable to common stock was $2.2 million for the quarter, down from $4.1 million in the Read More →

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Revenue up but net income down at Salem Media Group

By   /  Thursday, March 9th, 2017  /  Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on Revenue up but net income down at Salem Media Group

Story updated at 10:40 a.m. March 10: Salem Media Group, a Christian and conservative media company based in Camarillo, announced a decline in fourth quarter and full year net income, despite revenue increases. Revenues for the quarter ended Dec. 31 came to $70.7 million, up from $69.1 million for the fourth quarter of 2015. Full Read More →

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Santa Barbara’s QAD reports $15.5 million net loss

By   /  Thursday, March 9th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Santa Barbara’s QAD reports $15.5 million net loss

Santa Barbara manufacturing software company QAD reported a $15.5 million net loss, or 84 cents per diluted Class A share for the fiscal year ended Jan. 31, as a result of a valuation allowance related to deferred tax assets. The valuation allowance was connected to the company’s investments in cloud technology, the March 9 earnings Read More →

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