Revenue down but earnings up at Limoneira
Agribusiness, Banking & Finance, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyLimoneira delivered a small earnings beat when the company announced its fiscal results for the third quarter of 2021. Limoneira had released preliminary results Aug. 24 highlighting strong fresh lemon utilization, which helped offset a smaller-than-expected avocado output. According to the audited results, released Sept. 8, Limoneira generated $49.1 million in revenue in the third Read More →
Mission Produce drops 10% after missing earnings estimates
Agribusiness, Banking & Finance, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyShares of Mission Produce fell nearly 10% on Sept. 14, the day after the Oxnard-based avocado distributor and grower shared a flat third quarter 2021 financial report that fell below analysts’ expectations. For the quarter ended June 30, Mission Produce generated $247 million in revenue, a 4% increase from the same period a year ago. Read More →
State thinks solar-cell windows are the Next big thing
Energy, Green Coast, Latest news, Small Business, South Coast, Subscriber content, Technology, Top Stories, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Paso Robles pursues spaceport designation for its airport
Central Coast, Government, Latest news, middle, Subscriber content, Technology, Top Stories, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Calavo announces Q2 loss and CEO’s departure; shares hit lowest point since 2015
Agribusiness, Banking & Finance, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyShares of Calavo Growers slipped more than 17% on Sept. 9, one day after the Santa Paula-based avocado distributor released third quarter earnings that were held back by inflation and said its CEO, James Gibson, is retiring from the post immediately. Calavo closed at $39.20 on Sept. 9, down from $47.26 the day before. The Read More →
Energy Vault to go public in SPAC deal
Banking & Finance, East Ventura County, Energy, Green Coast, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesWestlake Village-based Energy Vault will go public after entering into an agreement with the special purpose acquisition company Norvus Capital Corp., in a deal worth up to $388 million. The combined company will have an enterprise value of about $1.1 billion once the deal is complete, according to a Sept. 9 news release from Energy Read More →
Semtech shares still soaring after Q2 earnings report
Banking & Finance, Earnings, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyShares of Camarillo-based Semtech climbed nearly 10% after a strong earnings report on Sept. 1, and in the following week continued to trade at their highest levels since February. Semtech, a semiconductor company specializing in Internet of Things applications, closed at $77.50 on Sept. 7. That was 9% above its closing price of $71.13 on Read More →
