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Latest

Earnings up at Community West Bank

By   /  Monday, October 26th, 2020  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Earnings up at Community West Bank

Community West Bancshares, the holding company for Goleta-based Community West Bank, saw net income and net interest income rise in the third quarter, according to the company’s latest financial filings. The bank reported a net income of $2.9 million, or 33 cents per diluted share, as compared to $2.2 million, or 25 cents per diluted Read More →

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Latest

Teledyne reports earnings dip

By   /  Wednesday, October 21st, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Teledyne reports earnings dip

Despite a dip in earnings and sales compared to last year, Teledyne Technologies beat analysts’ expectations with net income of $93.9 million in the third quarter, the company announced Oct. 21. Analysts estimated that Teledyne’s diluted earnings per share would be $2.36 in the third quarter, according to estimates compiled by the Wall Street Journal. Read More →

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Latest

Resonant reports earnings bump

By   /  Wednesday, October 7th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Resonant reports earnings bump

Resonant, the Goleta-based maker of components for wireless devices, reported a sharp increase in sales and a reduced cash burn for its third quarter ended Sept. 30. The company said revenue jumped to $1.4 million, compared to $79,000 in the same quarter a year ago and $600,000 in the second quarter, as it received a Read More →

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Latest

AeroVironment’s revenue up, profit down

By   /  Wednesday, September 9th, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment’s revenue up, profit down

AeroVironment, the Simi Valley-based drone maker, said revenue in its first quarter grew slightly to $87.4 million as the company’s profit fell to 42 cents per share from 71 cents a year earlier. “We are on track to achieve our fiscal year 2021 plans and deliver another year of profitable top line growth, despite the Read More →

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Latest

Limoneira reports profit, record sales

By   /  Wednesday, September 9th, 2020  /  Agribusiness, Banking & Finance, Earnings, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira reports profit, record sales

Santa Paula-based citrus producer Limoneira reported a solid third quarter on Sept. 9, with revenue up 5.3 percent and a profit of 12 cents per share that reversed a year-ago loss. The company said it sold a record 2 million cartons of lemons for the quarter and avocado volume increased. The company’s real estate operations Read More →

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Latest

Calavo reports net loss, revenue decline

By   /  Wednesday, September 9th, 2020  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo reports net loss, revenue decline

Calavo Growers reported a 24.7 percent decline in revenue and a net loss of $15.6 million, or 89 cents per share, for its fiscal third quarter, as it adapted to lower avocado prices and took a loss on its investment in FreshRealm, its meal-kit delivery venture. Calavo, based in Santa Paula, said total revenue for Read More →

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Latest

Revenue up at Semtech, down at QAD

By   /  Wednesday, August 26th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Revenue up at Semtech, down at QAD

Two of the region’s top technology companies reported second quarter earnings on Aug. 26, with results underscoring how the Internet of Things and cloud computing are transforming established players in semiconductors and software. Camarillo-based Semtech Corp, with a market cap of slightly more than $4 billion, said sales for the second quarter were $143.7 million, Read More →

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