Plains All American files plan to rebuild oil pipelines 901 and 903
Plains All American Pipeline has filed paperwork to rebuild a pair of aging oil pipelines in the Tri-Counties, including a line that caused the worst oil spill in decades on the Central Coast. Plains said on Aug. 16 that it has filed a plan with Santa Barbara County to rebuild Line 901, which broke in 2015, Read More →
Clean Diesel Technologies reports higher net loss for second quarter
Second quarter revenues remained flat at $8.4 million for Clean Diesel Technologies compared to 2016 but net losses increased to $385,000. The Oxnard-based company makes emissions control technology for diesel vehicles. A cost cutting initiative helped bring operating expenses down to $2.3 million for the quarter ended June 30, less than half what they were Read More →
AppFolio changes C-Suite as income grows
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Stellar Biotechnologies revenues fall in third quarter
Revenues for Port Hueneme-based immunotherapy developer Stellar Biotechnologies fell to $20,000 for its fiscal third quarter, about a ninth what it was for the same quarter the prior year. The slump in sales was a product of lower volume orders for the three months ended June 30, the company said in an earnings release Aug. Read More →
The Trade Desk doubles net income for second quarter
The Trade Desk stock slumped more than 7 percent ahead of an earnings release that showed a 54 percent increase in the Ventura-based company’s second quarter earnings, bringing in $72.8 million and doubling its net income to $18.8 million. Earnings per diluted share nearly tripled to 43 cents, up from 15 cents for the same Read More →
LTC Properties reports higher net income for second quarter
LTC Properties, a Westlake Village-based real estate investment trust, reported $25.3 million in net income or 64 cents per diluted share for the second quarter of 2017 on Aug. 9. That was up from $22.1 million, or 58 cents per diluted share, for the second quarter of 2016. The company had higher revenues in 2017 Read More →
Sientra increases sales but legal settlement doubles losses
Sientra increased net sales more than 30 percent for its second quarter ended June 30 but net losses doubled to $20.4 million, or $1.07 per share. The Goleta breast implant designer and manufacturer brought in $8.2 million in sales, up from $6.2 million for the second quarter of 2016, primarily for its breast products. Its Read More →
