CLU economists see opportunity in Ventura County’s struggles
Ventura County was already in an economically vulnerable place when the pandemic hit, according to the latest report from California Lutheran University’s Center for Economic Research and Forecasting. CLU CERF presented its research and findings in a live webcast on Nov. 5, focusing on where the county has been, where it is now and where Read More →
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 →
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 →
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 →
GeoLinks secures private equity investment
Geolinks, a fast-growing internet service provider based in Camarillo, secured what it called “a significant minority investment” from a group led by Rock Mountain Capital, GeoLinks announced Oct. 27. The private equity investment will help GeoLinks with its plans for expanding its network, making strategic acquisitions and streamlining its internal growth and operations. “GeoLinks launched Read More →