Amgen beats analysts’ expectations for earnings and revenue in Q2
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Velocity reports earnings growth in Q2
Real estate finance company Velocity Financial saw its second quarter net income increase and its total loan portfolio grow from 2021 to 2022, according to an earnings statement the company released on Aug. 4. The Westlake Village-based company reported net income of $10.6 million, or diluted earnings per share of 31 cents, in the second Read More →
LTC shares up after report of rising earnings for Q2
Westlake Village-based real estate investment trust LTC Properties reported net income of nearly $55 million, or $1.36 per diluted share, for the second quarter ended June 30. That was up from $18.1 million, or 46 cents per diluted share, for the same period last year. Funds from operations attributable to common stockholders were $25.3 million Read More →
Community West reports earnings decline as PPP loans wind down
Goleta-based Community West Bank reported a drop in net income in its most recent quarter, as the federal Paycheck Protection Program wound down. Community West Bancshares, the bank’s holding company, released its earnings report for the second quarter of 2022 before the markets opened July 29. Its net income for the quarter was $2.6 million, Read More →
Deckers shares up as strong showing by Hoka drives revenue growth in Q1
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Teledyne shares down despite report of earnings and revenue growth
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Bank of the Sierra income down, due in part to rising interest rates
Sierra Bancorp’s net income fell to $9.2 million in the second quarter of 2022, from $11.7 million a year earlier, the bank announced July 25. The parent company of Bank of the Sierra posted net income of 61 cents per diluted share for the quarter ended June 30, compared with 76 cents per diluted share Read More →
