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AppFolio revenue up in 2015 but so were losses

By   /  Monday, February 22nd, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on AppFolio revenue up in 2015 but so were losses

AppFolio had another strong year but losses nearly doubled as the company expanded in 2015. Goleta-based AppFolio, which makes property management software for small- to medium-sized businesses, released fourth quarter earnings and 2015 earnings results after markets closed Feb. 22. Yearly revenue increased 57 percent in 2015 to about $75 million. Fourth quarter revenues also Read More →

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LTC Properties beats analyst projections

By   /  Monday, February 22nd, 2016  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on LTC Properties beats analyst projections

Westlake Village-based LTC Properties beat analyst projections of rental revenue and funds from operations per share in its fourth quarter earnings report. LTC is a real estate investment trust that buys facilities such as nursing homes. Investors in such companies often use funds from operations as a substitute for earnings per share because it takes depreciation Read More →

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MindBody aiming for profitability

By   /  Friday, February 19th, 2016  /  Earnings, right, Technology, Tri-County Public Companies  /  Comments Off on MindBody aiming for profitability

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Latest

Vapor Hub revenues grow but so do losses

By   /  Thursday, February 18th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Vapor Hub revenues grow but so do losses

Vapor Hub, a Simi Valley-based electronic cigarette company, said revenues increased slightly when the company released second quarter earnings Feb. 17. Revenues increased from $1.13 million during the second quarter of 2014 to $1.3 million in 2015. Net losses for the company increased as well though, from $189,909 to $334,444. Vapor Hub is a publicly Read More →

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OCB Bancorp income up 142 percent in 2015

By   /  Thursday, February 11th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on OCB Bancorp income up 142 percent in 2015

OCB Bancorp, the parent company of Ojai Community Bank, increased its year-over-year net income by 142 percent in 2015. OCB Bancorp’s net income grew from $380,000 in 2014 to $921,000 in 2015, or 40 cents in earnings per share. Total loans increased $48.2 million or 37.5 percent to $176.5 million in 2015. Total assets rose Read More →

Latest

Mindbody revenue up but so are losses

By   /  Wednesday, February 10th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Mindbody revenue up but so are losses

Yoga software developer MindBody reported that revenues increased, subscribers increased and net losses increased once again when the company released fourth quarter and year-end earnings Feb. 10. San Luis Obispo-based MindBody sells products and merchant processing to yoga and fitness centers worldwide. Fourth quarter revenue increased 40 percent from $20.12 million in 2014 to $28.27 Read More →

Latest

Port Hueneme’s Stellar Biotechnologies posts mixed earnings results

By   /  Monday, February 8th, 2016  /  Earnings, Health Care & Life Science, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Port Hueneme’s Stellar Biotechnologies posts mixed earnings results

Stellar Biotechnologies saw revenues increase 130 percent during the first quarter of 2016 but the company still lost more money in 2016 than it did during the same quarter of 2015. The Port Hueneme-based company reported first quarter 2016 results after markets closed Feb. 8. Stellar makes a protein for immunotherapy treatments using a unique Read More →