LTC buys four properties for $52M
Westlake Village-based real estate investment trust LTC Properties on April 4 announced the acquisition of four LuxeRehab rehabilitation centers in Texas for about $52 million. The properties have 339 beds, primarily in private rooms, and will be operated by Ignite Medical Resorts, a current LTC operating partner, according to an LTC news release. LTC is Read More →
PennyMac lays off workers as mortgage boom fades
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Sientra reports rising revenue, declining losses
Goleta-based Sientra reported record revenue for the fourth quarter and full year of 2021, and while the company still saw net losses, they were lower, the company reported March 23. Sientra, a breast implant manufacturer, had revenue of $22.6 million for the quarter, representing growth of 26.6% year-over-year, excluding discontinued operations. For the full year, Read More →
Semtech shares up after earnings report
Camarillo-based Semtech Corp. delivered a strong fourth quarter and full year fiscal 2021 earnings report after the markets closed March 16, recording an all-time best revenue mark along with a bump in net profit for the full year. Semtech, a semiconductor company specializing in Internet of Things applications, had revenue of $740.9 million for the Read More →
Limoneira shares drop 10% after earnings report
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Mission Produce shares tumble after report of Q1 losses
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Olaplex shares dip, then rebound after report of revenue and earnings growth
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