CalAmp misses analyst estimates for second quarter
CalAmp fell short of revenue and earnings per share estimates for the second quarter, the company reported Sept. 29. Net income was $521,000, which was down from $3.4 million in the second quarter of 2015. CalAmp posted revenues of $90.5 million, up from revenues of $69.8 million during the same quarter in 2015 but just Read More →
Calavo Growers reports highest quarterly net income in company history
Calavo Growers had its highest quarterly net income and gross profits ever, the company announced in a second quarter earnings report June 6, with earnings per diluted share of 56 cents. That beat the average estimate of analysts surveyed by Zacks Investment Research, which was for earnings of 50 cents per share. The Santa Paula-based Read More →
Limoneira misses Wall Street expectations for fourth quarter
Santa Paula-based Limoneira Co. reported fiscal fourth-quarter net income of $654,000 on Jan. 11 after reporting a loss in the same period a year earlier. The company said it had profit of 4 cents per share. Losses, adjusted for non-recurring gains, came to 23 cents per share. The results did not meet Wall Street expectations. Read More →
Inogen’s third quarter earnings beat Wall Street expectations
Inogen, a Goleta-based maker of direct-to-consumer respiratory products, beat analyst estimates for revenue when the company released third quarter earnings on Nov. 10. Revenues were up 38.7 percent from $29.4 million during the third quarter of last year to $40.8 million this year. Analysts had predicted revenues of $37 million. Inogen also reported adjusted Read More →
Goleta-based Deckers hits 52-week low for stock price
Goleta-based Deckers Brands hit a 52-week low on Sept. 11 when it briefly fell to $59.62 per share. It closed Sept. 14 at $61.10. Shares of Deckers dropped about 33 percent so far this year from $89.74 on Jan. 2 before it closed at $60.65 on Sept. 11. Investment research firm Zacks said weak earnings Read More →
Camarillo’s Semtech reports loss for second quarter
Camarillo-based Semtech said it lost $313,000 in an earnings report for the second quarter of its 2016 fiscal year on Aug. 19. Semtech makes analog and mixed signal semiconductors. The results continue a slow year for Semtech, which lost $142,000 in the first quarter. That amounted to a loss of less than one cent per Read More →
San Luis Obispo’s MindBody beat analysts’ estimates but lost money
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