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Montecito Bank & Trust
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Mannkind reports net loss for second quarter

By   /  Monday, August 7th, 2017  /  Earnings, East Ventura County, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Mannkind reports net loss for second quarter

Mannkind reported $2.16 million in revenues Aug. 7, for a net loss of around $35.3 million for its second quarter, and announced the launch of a clinical trial for its inhalable insulin product Afrezza in partnership with One Drop. Revenues came primarily from the Westlake Village biotech company’s product sales, with $615,000 from collaborations and Read More →

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AppFolio CEO Brian Donahoo retiring

By   /  Monday, August 7th, 2017  /  Earnings, Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on AppFolio CEO Brian Donahoo retiring

Updated at 2:45 p.m.: AppFolio reported an increase in its net income and the retirement of its president and CEO Brian Donahoo effective Aug. 8. Donahoo, 53, will be replaced by Jason Randall, who has served as senior vice president for both the company’s Property Manager and MyCase divisions and held leadership and product development Read More →

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Montecito Bank & Trust reports growth in deposits, loans and net income

By   /  Friday, August 4th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Montecito Bank & Trust reports growth in deposits, loans and net income

Montecito Bank & Trust grew its assets 5.7 percent over the last 12 months and reported net income of $8.1 million for the first six months of 2017, up 12.5 percent from the prior year. In the earnings release Aug. 4, the Santa Barbara company said a 20.5 percent increase in loan growth year-over-year and Read More →

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Deckers Brands sales up 20 percent year-over-year

By   /  Friday, August 4th, 2017  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Deckers Brands sales up 20 percent year-over-year

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Latest

Sienna stock still soaring after $65 million IPO

By   /  Friday, August 4th, 2017  /  Earnings, East Ventura County, Health Care, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Sienna stock still soaring after $65 million IPO

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Latest

PennyMac reports decline in net income

By   /  Thursday, August 3rd, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac reports decline in net income

Westlake Village-based PennyMac Mortgage Investment Trust and PennyMac Financial Services reported a drop in earnings on Aug. 3 for the quarter ended June 30. Investment income was up 30 percent compared to the prior quarter, but net income for the mortgage investment trust was $26.4 million, a 6 percent decline from the same period in Read More →

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Latest

Inogen net income up 11.3 percent for second quarter

By   /  Thursday, August 3rd, 2017  /  Earnings, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Inogen net income up 11.3 percent for second quarter

Net income at Inogen rose 11.3 percent for the second quarter to $8.3 million, after a 17.5 percent bump in its revenues to $64.1 million. The Goleta-based portable oxygen concentrator maker sold 32,400 units during the quarter ended June 30, up nearly 30 percent from the same period in 2016. Earnings per share rose slightly Read More →

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