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 to pay 90 cent dividend per share
The board of directors for Santa Paula-based Calavo Growers announced Sept. 27 that it would pay a 90 cent dividend per share of its common stock. The dividend is payable Dec. 8 to shareholders of record Nov. 17 and amounts to $15.7 million, a 12.5 percent increase over an 80 cent dividend 2015. Calavo stock Read More →
Limoneira declares dividend of 5 cents per common share
Limoneira declared a dividend of 5 cents per common share for stockholders of record as of Oct. 3. The board of directors for the Santa Paula agribusiness and real estate development company announced Sept. 21 that it would pay the dividend Oct. 17. As of 12:34 p.m. Sept. 23, Limoneira stock was up 0.7 percent Read More →
QAD announces quarterly dividend
QAD announced a quarterly dividend of 7.2 cents per share for Class A common stock and 6 cents per share for Class B common stock on Sept. 15. QAD has declared the same dividend for 13 of the past 14 quarters. Headed by QAD President and Chairman Pamela Lopker and her husband and CEO Karl Read More →
Net income down but Montecitio Bank & Trust’s loans and deposits grow
Santa Barbara-based Montecito Bank & Trust reported net income of $7.2 million in the second quarter, down $800,000 from the same period last year. The bank reported 13.6 percent year-over-year loan growth, ending the quarter at $752 million. Total deposit growth was up 3.3 percent from the second quarter of 2015 while total assets grew Read More →
QAD reports solid second quarter earnings
Santa Barbara enterprise software firm QAD said it earned 3 cents per share or $600,000 in its fiscal second quarter on revenue of $69.8 million. When adjusted for non-cash items such as stock option expenses and amortization costs, earnings were 15 cents per share, the company said. The results reflect QAD’s accelerated transition from a Read More →
Clean Diesel second quarter revenues down but profits up
Revenues were down for Clean Diesel Technologies but the company still recorded increases in profits and earnings per share when the company released second quarter earnings Aug. 15. Clean Diesel revenues fell during the quarter from $9.9 million in 2015 to $8.4 million in 2016. Despite this, income increased from a net loss of $2.4 Read More →
