August 17, 2025
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Latest

Mission Produce drops 10% after missing earnings estimates

By   /  Tuesday, September 14th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mission Produce drops 10% after missing earnings estimates

Shares of Mission Produce fell nearly 10% on Sept. 14, the day after the Oxnard-based avocado distributor and grower shared a flat third quarter 2021 financial report that fell below analysts’ expectations. For the quarter ended June 30, Mission Produce generated ​​$247 million in revenue, a 4% increase from the same period a year ago. Read More →

Latest

Calavo announces Q2 loss and CEO’s departure; shares hit lowest point since 2015

By   /  Thursday, September 9th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo announces Q2 loss and CEO’s departure; shares hit lowest point since 2015

Shares of Calavo Growers slipped more than 17% on Sept. 9, one day after the Santa Paula-based avocado distributor released third quarter earnings that were held back by inflation and said its CEO, James Gibson, is retiring from the post immediately. Calavo closed at $39.20 on Sept. 9, down from $47.26 the day before. The Read More →

Latest

Semtech shares still soaring after Q2 earnings report

By   /  Tuesday, September 7th, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech shares still soaring after Q2 earnings report

Shares of Camarillo-based Semtech climbed nearly 10% after a strong earnings report on Sept. 1, and in the following week continued to trade at their highest levels since February. Semtech, a semiconductor company specializing in Internet of Things applications, closed at $77.50 on Sept. 7. That was 9% above its closing price of $71.13 on Read More →

Latest

Semtech shares up after strong earnings report

By   /  Wednesday, September 1st, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech shares up after strong earnings report

Semtech Corp., a Camarillo semiconductor company specializing in Internet of Things applications, saw shares up more than 5% after the markets closed Sept. 1 after the company shared a record-breaking financial statement for the second quarter of fiscal year 2021-22. Semtech delivered earnings of $32.2 million, or 50 cents per share, for the second quarter Read More →

Latest

QAD reports loss as $2B acquisition nears

By   /  Monday, August 30th, 2021  /  Banking & Finance, Earnings, Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD reports loss as $2B acquisition nears

QAD, a Santa Barbara-based cloud software company for the manufacturing industry, saw its revenue and expenses rise in the second quarter of 2021 as the company prepares to be bought out by a San Francisco-based private equity firm. QAD lost $6.3 million, or 31 cents per share, in the quarter ended July 31, the company Read More →

Latest

Limoneira predicts earnings growth despite drought and supply chain woes

By   /  Wednesday, August 25th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, left, Real Estate, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira predicts earnings growth despite drought and supply chain woes

Santa Paula-based agribusiness Limoneira released preliminary financial results on Aug. 24 for its most recent quarter, highlighting strong fresh lemon utilization which helped offset a smaller-than-expected avocado output. Limoneria said it expects revenue of $49 million in the third quarter of 2021, which would be a slight decrease from the same quarter a year ago, Read More →

Latest

Losses shrink at Cure Pharmaceutical

By   /  Friday, August 20th, 2021  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Losses shrink at Cure Pharmaceutical

Cure Pharmaceutical Co., an Oxnard-based drug delivery product company that owns the CBD brand Sera Labs, reported rising revenue and shrinking losses for the quarter ended June 30. Cure’s net loss for the second quarter of 2021 was $1.3 million, down from a loss of $13.4 million in the same quarter of 2020. Total revenue Read More →