LTC Properties posts fourth-quarter earnings
LTC Properties, the real estate investment trust based in Westlake Village that chiefly invests in senior living and health care properties, announced its fourth-quarter results for the period ending December 31. Net income increased by 39.9%, from $12.7 million to $17.8 million or in terms of diluted earnings per common share, from 32 cents to Read More →
Amgen’s $150 million investment aims to scale, diversify middle-market business
By Mark Alfred Special to the Business Times Thousand Oaks-based Amgen, one of the largest biotechnology companies in the world, invested $150 million into Project Black: an Ariel Investments fund intended to transform middle-market companies into certified minority-owned business enterprises. The fund, managed by Ariel’s private equity subsidiary Ariel Alternatives, is based in Chicago. It Read More →
The Trade Desk outperforms competition to close out fiscal year
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Atara’s cuts down net loss in 2022
Atara Biotherapeutics recorded a lower net loss in the fourth quarter and the entirety of fiscal year 2022, but missed expectations still led to an 8% decline in after-hours trading. Atara, a South San Francisco-based immunotherapy company with its major operations in Thousand Oaks, reported a net loss of $228.3 million, or 2.24 cents per Read More →
Deckers races past third-quarter expectations behind strong Hoka sales
Deckers’ attempt to turn its running shoe brand, Hoka One One, into a billion-dollar blockbuster keeps panning out with each quarter that passes. The Goleta-based company again outpaced analysts’ expectations, this time for the third quarter of 2022, as revenue and earnings both shot up thanks in large part to the continuing growth of the Read More →
American Riviera notes rising net income for 2022
American Riviera Bancorp reported a net income of $13.5 million or $2.37 per share for fiscal year 2022 a rise from $11.8 million or $2.09 per share for the same time period last year. The increase in net income in 2022 as compared to 2021 is mostly due to loan growth, increased interest income on Read More →
Community West Bancshares nets record earnings
Community West Bancshares reported a record net income of $13.4 million or $1.51 per share in fiscal year 2022, the firm said in its earnings announcement on Jan. 27. The company’s board of directors also declared an increase of its quarterly cash dividend by 6.7% to $0.08 per common share, payable on Feb. 28 to Read More →
