32 in Tri-Counties make Inc. Magazine list of 5000 fastest growing private companies
Thirty-two companies from around the Tri-Counties made the Inc. Magazine list of the 5000 Fastest Growing Private Companies in America. The largest was Ventura-based advertising agency The Trade Desk, which was listed at No. 34. It had revenues of $202 million last year and grew 6,949 percent. Inc. Magazine ranked companies according to the percentage Read More →
Thousand Oaks’ Ceres sees stock price spike after patent approved
Ceres, a Thousand Oaks based agriculture-biotechnology company, saw shares spike 373 percent Wednesday after the company received a patent for its iCODE multi-gene trait development system. Ceres shares started the day at just 95 cents per share, and soared all the way to $4.80 when the markets opened at 6:30 a.m. PST. Ceres closed the Read More →
San Luis Obispo insurance firms to combine forces
Leaders of insurance firms Gray & Troy Insurance and Morris & Garritano Insurance announced Aug. 12 that they are joining forces. The two firms, both based in San Luis Obispo, will combine under the name Morris & Garritano and will operate from their current offices initially, but will consolidate into Morris & Garritano’s offices on Read More →
Revenues down but Thousand Oaks-based Teledyne beats estimates
Thousand Oaks-based Teledyne Technologies beat analyst estimates when it reported second-quarter earnings on July 30 but the company still saw a sharp decline in net income. Teledyne posted earnings of $1.34 per share, barely beating analyst estimates of $1.33 per share. Second-quarter revenues were down by 3.2 percent from the second-quarter of 2014, from $597.1 Read More →
Camarillo-based Salem Media Group beats expectations
Camarillo-based Salem Media Group beat analyst expectations when it reported second-quarter earnings of 14 cents per share on Aug. 5. Analysts predicted Salem Media Group would earn just 4 cents per share. Salem’s revenues declined by 2 percent from $68.6 million during the second quarter of last year to $67.3 million. This still beat analyst Read More →
Westlake Village-based Kythera Biopharmaceuticals reports second quarter loss
Westlake Village-based Kythera Biopharmaceuticals missed analyst estimates when it released second quarter earnings on Aug. 6. Kythera lost $1.44 per share, missing analyst estimates of a loss of $1.10 per share. For the quarter, Kythera lost $37.2 million, compared to $19.5 million during the second quarter of 2014. On June 17, Allergan announced that it Read More →
