Revenue, net income down at Salem Media Group
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PennyMac Financial earnings go up
Westlake Village-based PennyMac Financial Services reported an increase in earnings for the fourth quarter of 2017 and for the entire year, compared to 2016, on Feb. 8. The company reported a net income of $123.9 million for the fourth quarter of 2017. Net income attributable to common stockholders was $62.3 million, or $2.44 per diluted Read More →
Interlink net income grows on higher revenues
Story updated at 11 a.m. March 6: Interlink Electronics reported a 67 percent year-over-year increase in net income March 3, bringing in $924,000 for the fourth quarter 2016 and $2.89 million for the year. Revenues were almost flat to the fourth quarter of 2015 at $2.78 million, while fiscal year revenues increased 13 percent to Read More →
QAD’s second-quarter profits drop despite record revenue
Shares of Summerland-based business software firm QAD fell Aug. 27 on news that the company’s second-quarter profits dropped 24.2 percent to $985,000. QAD reported record revenues and higher operating income during the second quarter. Its total revenue climbed 12 percent to a second-quarter record of $73.1 million, it said, up from $65.2 million in the Read More →
