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Calavo shares jump on higher avocado sales

By   /  Tuesday, January 7th, 2014  /  Agribusiness, Banking & Finance, Earnings, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Calavo shares jump on higher avocado sales

Shares of Calavo Growers soared 6.5 percent on Tuesday, when the Santa Paula-based produce marketer reported fourth-quarter revenue climbed 35 percent to $190.7 million on higher avocado prices and volume.

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CalAmp shares slide as Q4 outlook misses

By   /  Friday, December 27th, 2013  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on CalAmp shares slide as Q4 outlook misses

Shares of Oxnard-based CalAmp plunged 9 percent on Christmas Eve, after the company delivered a fourth-quarter outlook that missed analyst expectations. The wireless products company said it expects fourth-quarter profits of between 19 and 23 cents per share, lower than the 24 cents per share analysts were expecting, on average, according to FactSet.

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Semtech shares sink on lower earnings outlook

By   /  Thursday, December 19th, 2013  /  Earnings, Technology, Tri-County Public Companies  /  Comments Off on Semtech shares sink on lower earnings outlook

Shares of Camarillo-based Semtech Corp. plunged 11.2 percent on Dec. 19 after the company downgraded its revenue and profit outlook for the fourth quarter.

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Salem profits soar on higher Internet revenue

By   /  Tuesday, November 5th, 2013  /  Banking & Finance, Earnings, Technology, Tri-County Public Companies  /  Comments Off on Salem profits soar on higher Internet revenue

Christian and conservative media operator Salem Communications Corp.’s third-quarter profits jumped 58 percent to $5.3 million, or 21 cents per share, as revenue increased 3.1 percent to $58.5 million. The Camarillo-based firm’s revenue continued to shift to the Web, with third-quarter Internet revenue increasing 20.4 percent to $9.4 million.

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Latest

ValueClick profits jump 33%, firm to sell sites

By   /  Tuesday, November 5th, 2013  /  Banking & Finance, Earnings, Technology, Tri-County Public Companies  /  Comments Off on ValueClick profits jump 33%, firm to sell sites

Online advertising firm ValueClick’s third-quarter profits jumped 33 percent to $22.1 million and the firm announced plans to sell off company-owned websites such as Investopedia.com and CouponMountain.com.

“We delivered strong profitability and cash flow in the third quarter, driven by a continued mix shift into our higher-value-added offerings,” ValueClick CEO and President John Giuliani said in a news release. “Solid year-over-year growth in our CRM, affiliate marketing, mobile, video and cross-device solutions was offset by weakness in our insertion order display business within the media segment.”

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Ryland’s Q3 profits jump 415% on higher home sales

By   /  Tuesday, October 29th, 2013  /  Banking & Finance, Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on Ryland’s Q3 profits jump 415% on higher home sales

Westlake Village-based Ryland Group made a roaring comeback in the third quarter, with profits up 415 percent to $53.6 million. The parent company of national homebuilder Ryland Homes said revenue rose 60.7 percent to $576.4 million on higher sales as the housing market continued to rebound.

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Latest

Deckers steps up sales

By   /  Thursday, October 24th, 2013  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers steps up sales

Shares of Goleta-based Deckers Outdoor Corp. jumped 14 percent in after-hours trading as the owner of Ugg, Teva and other casual footwear brands beat Wall Street expectations and said the rest of the year is on track.

Deckers said its acquisition of Hoka One One helped boost third-quarter sales 3 percent to $386.7 million; sales of its flagship Ugg brand gained 1.3 percent. The company, which is building a new headquarters on Hollister Avenue, said a new web site and more retail stores also helped.

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