September 30, 2022
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Limoneira Q1 revenue up 73 percent

By   /  Monday, March 12th, 2012  /  Earnings, Latest news  /  Comments Off on Limoneira Q1 revenue up 73 percent

Despite a 73 percent jump in revenue, Santa Paula-based agribusiness Limoneira Company posted a $2.9 million loss during the first quarter of the year, it said March 12. For the quarter ended Jan. 31, revenue was $10.2 million, up from $5.9 million during the same period of the previous year, according to a news release. Read More →

Latest

QAD profits skyrocket

By   /  Thursday, March 8th, 2012  /  Latest news  /  Comments Off on QAD profits skyrocket

Two years after making deep staff cuts to combat the global manufacturing collapse, Santa Barbara-based QAD profits rebounded 300 percent to $10.7 million in fiscal 2012, the company said March 8. QAD makes software that manufacturing firms use to track materials, labor and other costs. The company counts Hewlett-Packard and other Fortune 500 firms as Read More →

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K-Swiss shares tumble on higher Q4 loss

By   /  Friday, February 17th, 2012  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on K-Swiss shares tumble on higher Q4 loss

[wikichart align=”right” ticker=”NASDAQ:KSWS” showannotations=”true” livequote=”true” startdate=”17-08-2011″ enddate=”17-02-2012″ width=”300″ height=”245″] Athletic shoe company K-Swiss stumbled into another unprofitable quarter, reporting a $25.2 million loss that came to 71 cents per share, despite higher sales. Shares of K-Swiss dropped 10.7 percent to $3.35 on Feb. 17 after the earnings announcement. In the fourth quarter of 2010, the Read More →

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Amgen looks for new life with Micromet

By   /  Friday, February 3rd, 2012  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen looks for new life with Micromet

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Latest

Higher profits in hand, region’s banks look to expand

By   /  Friday, February 3rd, 2012  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Higher profits in hand, region’s banks look to expand

Pacific Capital Bancorp, the largest banking company based in the Tri-Counties, turned a $70.5 million profit in 2011 after years of staggering losses. At the same time, First California Financial Group and Heritage Oaks Bancorp, the next two largest banks on the list, reported improved earnings for the year and bold plans to expand. Here’s Read More →

Latest

PCBC posts $20.5M profit year after recap deal

By   /  Thursday, October 27th, 2011  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on PCBC posts $20.5M profit year after recap deal

Pacific Capital Bancorp, parent of Santa Barbara Bank & Trust, said Oct. 27 that it earned $20.5 million in the third quarter of 2011, marking its first full year of profits since a team of Texas bankers recapitalized it last year. In August 2010, Dallas-based Ford Financial Fund, led by veteran bankers Gerald Ford and Read More →

Latest

Semtech, QAD earnings increase

By   /  Thursday, August 25th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Semtech, QAD earnings increase

Semtech earns $27.1M, amps up repurchase program Semtech Corp. said Aug. 25 that it earned $27.1 million in second-quarter profits and that it would expand its stock repurchase plan by $36 million. The board of the Camarillo-based semiconductor firm had previously authorized $14 million as part of the plan to buy back stock. Semtech saw Read More →