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Totten to retire after 18 years as Ventura County district attorney

By   /  Wednesday, November 11th, 2020  /  East Ventura County, Latest news, Law, Tri-County Economy, West Ventura County  /  Comments Off on Totten to retire after 18 years as Ventura County district attorney

Ventura County will get just its third district attorney in the past 42 years next year, when Greg Totten retires from the post he has held since 2003. Totten announced his retirement on Nov. 10. It will take effect Jan. 9 After he leaves office, he will take the job of chief executive for the Read More →

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Resonant reports growing revenue, shrinking losses

By   /  Tuesday, November 10th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Resonant reports growing revenue, shrinking losses

Resonant, a Goleta-based cellular technology company, reported its third quarter earnings on Nov. 10 with a net loss of $6.1 million, or 11 cents per share. That was an improvement upon the same quarter a year ago, where Resonant had a net loss of $7.4 million, or 26 cents per share. Revenue in the third Read More →

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Sientra shares up on news of earnings, new CEO

By   /  Tuesday, November 10th, 2020  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sientra shares up on news of earnings, new CEO

Goleta-based medical and surgical device company Sientra saw total net sales drop in the third quarter and a net loss of $5.8 million, or 12 cents per share, though the company said its financial performance improved in key areas. The company released its quarterly report on Nov. 9, the same day it named a new Read More →

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AppFolio earnings up as sale of MyCase unit closes

By   /  Monday, November 9th, 2020  /  Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio earnings up as sale of MyCase unit closes

AppFolio, the Goleta-based property management software company, beat analysts’ expectations on Nov. 9 with earnings of $3.86 per share for the third quarter of 2020, driven mainly by a sale of one of its business units. Quarterly earnings were much higher than the same quarter last year, when the company earned 14 cents per share. Read More →

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PennyMac notches another strong earnings report

By   /  Monday, November 9th, 2020  /  Banking & Finance, Banking Industry, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on PennyMac notches another strong earnings report

PennyMac Financial Services more than tripled its net income over the course of a year when it reported $535.2 million, or $7.03 per share, in its third quarter financial report, up from $121.5 million, or $1.51 per share, in the third quarter of 2019. The Westlake Village-based mortgage lender built on steam from a record Read More →

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CLU economists see opportunity in Ventura County’s struggles

By   /  Thursday, November 5th, 2020  /  East Ventura County, Latest news, Real Estate, Tri-County Economy, West Ventura County  /  Comments Off on 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 →

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Trade Desk soars above $700 per share on strong earnings report

By   /  Thursday, November 5th, 2020  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on 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 →

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