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The Trade Desk doubles net income for second quarter

By   /  Thursday, August 10th, 2017  /  Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on The Trade Desk doubles net income for second quarter

The Trade Desk stock slumped more than 7 percent ahead of an earnings release that showed a 54 percent increase in the Ventura-based company’s second quarter earnings, bringing in $72.8 million and doubling its net income to $18.8 million. Earnings per diluted share nearly tripled to 43 cents, up from 15 cents for the same Read More →

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LTC Properties reports higher net income for second quarter

By   /  Thursday, August 10th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on LTC Properties reports higher net income for second quarter

LTC Properties, a Westlake Village-based real estate investment trust, reported $25.3 million in net income or 64 cents per diluted share for the second quarter of 2017 on Aug. 9. That was up from $22.1 million, or 58 cents per diluted share, for the second quarter of 2016. The company had higher revenues in 2017 Read More →

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Sientra increases sales but legal settlement doubles losses

By   /  Wednesday, August 9th, 2017  /  Central Coast Health Watch, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Sientra increases sales but legal settlement doubles losses

Sientra increased net sales more than 30 percent for its second quarter ended June 30 but net losses doubled to $20.4 million, or $1.07 per share. The Goleta breast implant designer and manufacturer brought in $8.2 million in sales, up from $6.2 million for the second quarter of 2016, primarily for its breast products. Its Read More →

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Inphi stock up despite reporting net loss for quarter

By   /  Tuesday, August 8th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi stock up despite reporting net loss for quarter

Inphi stock shot up more than 4 percent Aug. 8 after the semiconductor company reported a 39 percent increase in revenues but still posted a $15 million net loss. Revenues grew to $84.4 million during the quarter ended June 30, compared to $60.5 million in the second quarter of 2016. Net income fell from nearly Read More →

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Resonant opens office in South Korea to serve Chinese market

By   /  Tuesday, August 8th, 2017  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Resonant opens office in South Korea to serve Chinese market

Resonant, the Goleta based designer of filters for mobile devices, opened a new office in South Korea after announcing a new customer in the Chinese market and the expansion of several licensing agreements with existing customers in the past six months. Jangwon Jung, formerly of Cavenish-Kinetics, was appointed as the country sales manager for South Read More →

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Salem Media Group reports drop in revenues, net income

By   /  Monday, August 7th, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Salem Media Group reports drop in revenues, net income

Christian and conservative radio and publishing company Salem Media Group, based in Camarillo, reported a decline in second quarter revenues to $66.1 million and net income down more than 60 percent to $1.3 million. Digital media, broadcast, and publishing revenues all saw slight declines. Operating expenses also decreased for the quarter ended June 30, compared Read More →

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Mannkind reports net loss for second quarter

By   /  Monday, August 7th, 2017  /  Central Coast Health Watch, Earnings, East Ventura County, Latest news, Tri-County Public Companies  /  Comments Off on Mannkind reports net loss for second quarter

Mannkind reported $2.16 million in revenues Aug. 7, for a net loss of around $35.3 million for its second quarter, and announced the launch of a clinical trial for its inhalable insulin product Afrezza in partnership with One Drop. Revenues came primarily from the Westlake Village biotech company’s product sales, with $615,000 from collaborations and Read More →

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