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Teledyne Technologies reports lower first quarter sales

By   /  Thursday, May 5th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Teledyne Technologies reports lower first quarter sales

Teledyne Technologies, based in Thousand Oaks, announced a drop in first quarter sales compared to the same period last year. In a May 5 statement, the company said first quarter sales fell from $565 million in 2015 to $530.5 million in 2016. Net income fell from $43.7 million, or $1.20 per diluted share, to $38.4 Read More →

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Salem Media beats revenue estimates but misses on earnings per share

By   /  Wednesday, May 4th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Salem Media beats revenue estimates but misses on earnings per share

Salem Media Group beat analyst revenue estimates but missed earnings per share estimates when it reported first quarter earnings May 4. Salem Media Group, a Camarillo-based Christian and conservative radio operator, reported revenues of $64.6 million, up from $61.9 million in 2015, which topped analyst estimates of $63.43 million, according to S&P Capital IQ. Net Read More →

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MindBody hits net loss per share estimate

By   /  Tuesday, May 3rd, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MindBody hits net loss per share estimate

MindBody exceeded analysts’ revenue estimates and hit analysts’ net-loss-per-share estimates when it reported first quarter earnings May 3. MindBody, a San Luis Obispo-based developer of yoga and fitness merchant processing software, posted first quarter revenues of $32 million, exceeding analyst estimates of $30.28 million, up from $22.26 million in 2015, according to S&P Capital IQ. Read More →

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LTC Properties beat first quarter revenue estimates

By   /  Tuesday, May 3rd, 2016  /  Earnings, Health Care, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on LTC Properties beat first quarter revenue estimates

Westlake Village-based LTC Properties beat analyst projections of revenue and funds from operations in its 2016 first quarter earnings report. The publicly traded real estate and investment trust earned $31.88 million in revenue, up from $26.68 million in the first quarter of 2015, surpassing analyst projections by $820,000. LTC Properties funds from operations per common share Read More →

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Heritage Oaks Bancorp beats analyst estimates for first quarter

By   /  Thursday, April 28th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks Bancorp beats analyst estimates for first quarter

Paso Robles-based Heritage Oaks Bancorp beat analyst estimates when it reported first quarter earnings April 28. The company said it had revenues of $19 million, beating analyst estimates of $18.75 million. Earnings per share of 12 cents beat analyst estimates of 11 cents per share. The company also reported net income of $4 million. The Read More →

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Inphi reports revenues up for first quarter

By   /  Thursday, April 28th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Inphi reports revenues up for first quarter

After missing analyst estimates in the fourth quarter of 2015, Inphi bounced back when it reported first quarter earnings April 28. Inphi reported revenues of $66.5 million, up from $59.1 million during the first quarter of 2015. It barely beat analyst estimates of $66.2 million, according to Zacks Investment Research. The company reported net income Read More →

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Amgen exceeds Wall Street expectations for first quarter earnings

By   /  Thursday, April 28th, 2016  /  Earnings, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Amgen exceeds Wall Street expectations for first quarter earnings

Amgen blew away Wall Street expectations and raised its 2016 guidance when it released first quarter earnings April 28. The Thousand Oaks biotech giant had profits of $2.2 billion, up from $1.91 billion during the same quarter last year. Revenues of $5.53 billion were also up from $5 billion in 2015 and surpassed analyst estimates Read More →

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