QAD declares quarterly dividend
Santa Barbara manufacturing software provider QAD declared a quarterly dividend on June 15 for stockholders of record as of June 27. Class A common stockholders will receive 7.2 cents per share and Class B common stockholders will receive 6 cents per share payable on July 6. • Contact Marissa Nall at mnall@pacbiztimes.com.
Limoneira reports nearly triple net income for second quarter
Limoneira nearly tripled its second quarter net income compared to last year, with revenues that climbed to $35.4 million. Net income came to $3.54 million during the quarter ended April 30, compared to $1.22 million for the second quarter of 2016. Earnings per share rose to 24 cents, up from 8 cents for the same Read More →
Calavo Growers reports record sales and earnings
Shares of Santa Paula-based Calavo Growers soared on June 6 after the company reported record sales and earnings for the second quarter of its fiscal year. Calavo shares jumped $4 and closed at $73.05 on average trading volume, a 5.8 percent gain for the day which made it the 20th biggest gainer on Nasdaq. The Read More →
Bank mergers leaving downtown spaces vacant
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Salem Media announces dividend
The board of directors for Camarillo-based Salem Media declared a 6.5 cent dividend June 1. Stockholders of record as of June 16 will receive the dividend June 30. Shares for the Christian and conservative radio company were up 0.7 percent as of 12:18 p.m. June 1 to $6.90. • Contact Marissa Nall at mnall@pacbiztimes.com.
Semtech earnings fall short of analyst estimates
Semtech announced first quarter 2018 earnings of $11.8 million June 1, a 71 percent increase over the previous first quarter for earnings per share of 18 cents — missing analyst estimates ranging from 28 to 41 cents per share. Net sales rose 9.6 percent to $143.8 million during the quarter ended April 30, after deducting Read More →
Community West Bank opening loan office in Paso Robles
Community West Bank announced on Friday that it plans to open a loan production office in Paso Robles. The office, at 725 Creston Road, will open in June and will become Community West Bank’s first Paso Robles Office. “Community West Bank continues to expand our business banking presence on California’s Central Coast,” said Martin Plourd, Read More →
