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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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Net income up at Community West Bancshares

By   /  Friday, October 28th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on Net income up at Community West Bancshares

Community West Bancshares said third quarter net income was $1.5 million, up from $1.1 million in the second quarter and on pace with year-earlier earnings. For the nine months ended Sept. 30, the bank reported net income of $3.9 million versus $1 million for the prior year; loans grew 12.9 percent to $601.9 million on Read More →

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Deckers sales down but earnings up for second quarter

By   /  Thursday, October 27th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers sales down but earnings up for second quarter

Deckers Brands, the Goleta-based footwear, apparel and accessories company, announced net sales of $485.9 million and earnings per diluted share of $1.21 for the second quarter ended Sept. 30. Sales were down slightly from $486.9 million for the same period last year, primarily for the company’s UGG and Teva brands, but earnings were up 9 Read More →

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Amgen beats analysts’ revenue, earnings per share estimates

By   /  Thursday, October 27th, 2016  /  Earnings, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Amgen beats analysts’ revenue, earnings per share estimates

Amgen revenues increased 2 percent during the third quarter as it beat analysts’ revenue and earnings per share estimates thanks to cost-cutting measures and lower research measures. Revenues for the Thousand Oaks-based biotech giant increased from $5.72 billion during the third quarter of 2015 to $5.81 billion in 2016, which beat analyst estimates of $5.73 Read More →

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Merger pays off for American Riviera Bank

By   /  Thursday, October 27th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on Merger pays off for American Riviera Bank

American Riviera Bank reported sharply higher profits and deposits for the third quarter as the benefits of its merger with the Bank of Santa Barbara late last year are becoming evident. American Riviera said Oct. 25 that net income was $1.4 million for the quarter ended Sept. 30 or 32 cents per share versus 5 Read More →

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MindBody revenues grew 35 percent in third quarter

By   /  Wednesday, October 26th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MindBody revenues grew 35 percent in third quarter

MindBody continued on its path to profitability during the third quarter as revenues grew 35 percent. Revenues increased from $26 million during the same quarter of 2015 to $35.2 million in 2016. Net losses also decreased 39 percent from $9.62 million in 2015 to $5.89 million in 2016. Chief Financial Officer Brett White said on Read More →

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