Trade Desk soars above $700 per share on strong earnings report
Ventura-based advertising technology developer The Trade Desk delivered strong third quarter financial results on Nov. 5, including growth in revenue, net income and earnings per share that exceeded analysts’ expectations. “Despite the headwinds of a global pandemic, we had healthy growth in the third quarter, far surpassing our own expectations,” founder and CEO Jeff Green Read More →
Inogen misses revenue target, reports loss
Inogen, a Goleta-based medical technology company that produces a portable oxygen concentrator, reported a net loss of $1.7 million and missed revenue estimates in its third quarter financial report. The company saw an almost 20% drop in total revenue from its position a year before, which it attributed to COVID-19. While the company’s rental revenue Read More →
Ventura County voters say yes to cannabis in early returns
Preliminary election results looks like Ventura County has been given the green light for cannabis production.
Resonant bets big on 5G equipment
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Camarillo Chamber CEO to step down
Gary Cushing is retiring from his role as the CEO of the Camarillo Chamber of Commerce at the end of November, the chamber announced Oct. 30. Cushing was originally brought on to be the interim CEO for six months and stayed in the role for seven years. Through his tenure, Cushing helped the chamber build Read More →
LTC earnings drop as pandemic hurts rent income
LTC Properties, a senior housing and health care real estate investment trust, posted another quarter of low net income when it filed its third quarter financial report on Oct. 29. The Westlake Villaged-based company announced a net income of $12.1 million, or 31 cents per diluted share, compared to $27.1 million, or 68 cents per Read More →
Mission Bancorp reports growth in earnings, revenue, deposits
Mission Bancorp, which has business banking offices in Ventura and San Luis Obispo, set a new all-time record for net income when it announced its third quarter financial results. The bank reported a net income of $4.2 million, or $2.07 per basic common share, compared to the net income of $3.7 million, or $1.85 per Read More →
