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AppFolio revenue up as company gets closer to profitability

By   /  Monday, November 7th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on AppFolio revenue up as company gets closer to profitability

Santa Barbara cloud software firm AppFolio is edging closer to profitability. Third quarter results from the business-to-business software firm released Nov. 7 show an increase in revenue to $28.2 million or 39 percent above the previous year’s quarter. The company lost $1.1 million on GAAP-based accounting but AppFolio’s non-GAAP numbers showed a $200,000 profit and Read More →

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Salem misses earnings estimates for third quarter

By   /  Monday, November 7th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Salem misses earnings estimates for third quarter

Salem Media Group beat analyst revenue estimates but missed earnings per share estimates, according to third quarter earnings reported Nov. 7. Salem Media Group, a Camarillo-based Christian and conservative radio operator, reported revenues of $71.3 million, up from $67.5 million in 2015, which topped analyst estimates by $2.5 million. Net income rose from $2.1 million Read More →

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Heritage Oaks Bank income up slightly in third quarter

By   /  Friday, November 4th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks Bank income up slightly in third quarter

Paso Robles-based Heritage Oaks Bank reported a net income of $4.2 million in the third quarter, or 12 cents per diluted common share, up from $4 million, or 12 cents per share, for the same period last year. Gross loans increased by $136 million, or 11.3 percent, to $1.3 billion, compared to $1.2 billion in Read More →

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PennyMac beats analyst estimates for third quarter earnings

By   /  Thursday, November 3rd, 2016  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac beats analyst estimates for third quarter earnings

Moorpark-based PennyMac Financial Services reported a $122.3 million profit on revenue of $291.4 million for the third quarter, exceeding Wall Street expectations on earnings per share and revenue. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of America, reported earnings of $1.06 cents per diluted Read More →

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Inogen sales, profits soar in third quarter

By   /  Thursday, November 3rd, 2016  /  Earnings, Health Care, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inogen sales, profits soar in third quarter

Inogen revenues, profits and earnings per share were up for the third quarter, the company announced Nov. 3. Inogen, a Goleta-based manufacturer of direct-to-consumer respiratory products, said revenues increased 33 percent during the quarter from $40.7 million during the same quarter last year to $54.4 million in 2016, which topped analyst revenue estimates of $47.9 Read More →

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Inphi tops expectations for third quarter

By   /  Thursday, November 3rd, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi tops expectations for third quarter

Inphi beat Wall Street expectations on revenue in its third quarter earnings report. The Thousand Oaks semiconductor design company reported $70.7 million in revenue on a U.S. generally accepted accounting principles (GAAP) basis, exceeding projections of $67.9 million. That was up 49 percent from $47.4 million in the third quarter of 2015. The growth of Read More →

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Teledyne sales dip but profits up for third quarter

By   /  Thursday, November 3rd, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Teledyne sales dip but profits up for third quarter

Thousand Oaks-based industrial conglomerate Teledyne Technologies saw sales dip but profits increase during the third quarter, according to figures released Nov. 3. Revenues for the company dipped to $526.8 million in the third quarter, compared to $551.7 during the third quarter of 2015. That missed analyst revenue estimates of $553 million, according to S&P Capital Read More →

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