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By Staff Report / Monday, August 10th, 2015 / Earnings, Latest news, Tri-County Public Companies / Comments Off on 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 →
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By Staff Report / Monday, August 10th, 2015 / Earnings, Health Care & Life Science, Latest news, Tri-County Public Companies / Comments Off on 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 →
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By Philip Joens / Friday, August 7th, 2015 / Earnings, Latest news, Technology, Top Stories, Tri-County Public Companies / Comments Off on San Luis Obispo’s MindBody beat analysts’ estimates but lost money
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By Staff Report / Thursday, August 6th, 2015 / Earnings, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Appfolio reports $3.2 million loss for second quarter
Appfolio lost $3.2 million during the second quarter, the company reported Aug. 6. Goleta-based Appfolio makes property management software for small-to medium-sized real estate managers. Revenues were up 59 percent in the second quarter of 2015 from $11.6 million last year to $18.4 million this year. Appfolio lost 34 cents per share, which met analyst Read More →
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By Staff Report / Tuesday, August 4th, 2015 / Earnings, Latest news, Technology, Top Stories, Tri-County Public Companies / Comments Off on San Luis Obispo’s Mindbody beats estimates but shares still down
San Luis Obispo-based Mindbody beat analyst estimates when it released second quarter earnings on Aug. 4, but shares still ended down for a ninth consecutive day. Mindbody lost 21 cents per share, but analysts had predicted losses of 31 cents per share. Mindbody’s surprising earnings are a rare recent bright spot for the company since Read More →
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By Staff Report / Wednesday, July 15th, 2015 / Banking & Finance, Banking Industry, Earnings, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Montecito Bank & Trust net income jumped 44 percent over prior year
Montecito Bank & Trust said July 15 that net income jumped 44 percent from a year earlier as total assets reached $1.2 billion. The privately-held bank is the largest financial institution headquartered in Santa Barbara County and it said loans grew 23 percent to $662 million. “We continue to see an increased demand for financing Read More →
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By Staff Report / Monday, June 15th, 2015 / Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific
Shares of Westlake Village-based homebuilder Ryland Group soared more than $2.20 or 5 percent to more than $45 per share after the company announced a merger with rival Standard Pacific of Irvine. Though billed as a “merger of equals,” the roughly $5.2 billion deal would give Standard Pacific shareholders the majority of shares in the Read More →
