Semtech’s earnings rise
[wikichart align=”right” ticker=”NASDAQ:SMTC” showannotations=”true” livequote=”true” startdate=”30-05-2011″ enddate=”30-11-2011″ width=”300″ height=”245″] Camarillo-based Semtech, a chip design firm, posted 67 percent increase in quarterly earnings on a slight increase in sales for the most recent quarter. Semtech, which is in its 2012 fiscal year, said third quarter net income came to $27 million, compared with $16.1 million a Read More →
Deckers profits jump 48% on Ugg sales
Deckers Outdoor Corp. said profits jumped 48 percent in the third quarter after getting a big leg-up from Ugg brand sales. The Goleta-based shoe company increased its full-year outlook after the better-than-expected third quarter. Deckers company earned $62.3 million, or $1.59 per share as sales jumped 49.1 percent to $414.4 million in the third-quarter. Ugg Read More →
PCBC posts $20.5M profit year after recap deal
Pacific Capital Bancorp, parent of Santa Barbara Bank & Trust, said Oct. 27 that it earned $20.5 million in the third quarter of 2011, marking its first full year of profits since a team of Texas bankers recapitalized it last year. In August 2010, Dallas-based Ford Financial Fund, led by veteran bankers Gerald Ford and Read More →
Amgen takes $780M hit to settle kickback charges
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Calavo Growers’ Q3 profits bruised
Food marketer Calavo Growers saw earnings slide 54.4 percent to $2.7 million, or 18 cents per diluted share, despite higher revenues in the third quarter, it said Sept. 7. Its profits were constrained by high fruit costs in its fresh foods segment and a smaller supply of fresh avocadoes, it said, although sales jumped 44 Read More →
Semtech, QAD earnings increase
Semtech earns $27.1M, amps up repurchase program Semtech Corp. said Aug. 25 that it earned $27.1 million in second-quarter profits and that it would expand its stock repurchase plan by $36 million. The board of the Camarillo-based semiconductor firm had previously authorized $14 million as part of the plan to buy back stock. Semtech saw Read More →
Interlink earnings down 47%
Sensor technology company Interlink Electronics earned $718,000 in the second quarter, down 46.9 percent from $1.4 million a year ago.
