Inphi third quarter earnings beat analyst estimates
Inphi Corp. beat analyst estimates by a penny when the company released third quarter earnings on Oct. 27. The Santa Clara-based company, which designs chips aimed at packing more memory onto Internet servers and increasing bandwidth, employs a large engineering force in Thousand Oaks. Inphi Corp. earnings were 25 cents per share, one cent greater Read More →
Goleta’s Community West Bank has strong third quarter
Community West Bancshares, parent company of Community West Bank headquartered in Goleta, reported on Oct. 22 net income of $1.6 million in the third quarter of 2015 compared to net income of $1.7 million in the third quarter a year ago. Community West reported net income of $1.0 million in the first nine months of Read More →
Cal Amp’s second quarter earnings beat analyst estimates
Oxnard-based Cal Amp, which makes products for the wireless sector, beat analyst estimates on Oct. 1 when it reported second quarter 2016 results. Cal Amp posted earnings of 27 cents per share, beating analyst estimates of 26 cents per share. Analysts expected Cal Amp’s revenues to be around $68 million, but the company beat those Read More →
Goleta-based Community West Bancshares reports loss
Goleta-based Community West Bancshares, parent company of Community West Bank, reported a loss of $2.3 million in the second quarter of 2015 following a $7.2 million loan settlement. The company recorded a profit of $1.7 million in the same period last year. “Community West’s second quarter results included solid loan and deposit growth and strong Read More →
Camarillo-based Interlink Electronics reports increased revenues
Camarillo-based Interlink Electronics, a tech company that focuses on manufacturing sensors that are used in portable electronic devices, saw revenues increase by 6 percent from $2.7 million during the second quarter last year to $2.8 million this year. Interlink posted earnings of 8 cents per share, an improvement of 1 cent from the same quarter 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 →