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Limoneira reports nearly triple net income for second quarter

By   /  Thursday, June 8th, 2017  /  Agribusiness, Central Coast, Earnings, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira reports nearly triple net income for second quarter

Limoneira nearly tripled its second quarter net income compared to last year, with revenues that climbed to $35.4 million. Net income came to $3.54 million during the quarter ended April 30, compared to $1.22 million for the second quarter of 2016. Earnings per share rose to 24 cents, up from 8 cents for the same Read More →

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Calavo Growers reports record sales and earnings

By   /  Tuesday, June 6th, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Calavo Growers reports record sales and earnings

Shares of Santa Paula-based Calavo Growers soared on June 6 after the company reported record sales and earnings for the second quarter of its fiscal year. Calavo shares jumped $4 and closed at $73.05 on average trading volume, a 5.8 percent gain for the day which made it the 20th biggest gainer on Nasdaq. The Read More →

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Bank mergers leaving downtown spaces vacant

By   /  Friday, June 2nd, 2017  /  Banking Industry, Columns, Latest news, Real Estate, Small Business  /  Comments Off on Bank mergers leaving downtown spaces vacant

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Salem Media announces dividend

By   /  Thursday, June 1st, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Salem Media announces dividend

The board of directors for Camarillo-based Salem Media declared a 6.5 cent dividend June 1. Stockholders of record as of June 16 will receive the dividend June 30. Shares for the Christian and conservative radio company were up 0.7 percent as of 12:18 p.m. June 1 to $6.90. • Contact Marissa Nall at mnall@pacbiztimes.com.

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Semtech earnings fall short of analyst estimates

By   /  Thursday, June 1st, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Semtech earnings fall short of analyst estimates

Semtech announced first quarter 2018 earnings of $11.8 million June 1, a 71 percent increase over the previous first quarter for earnings per share of 18 cents — missing analyst estimates ranging from 28 to 41 cents per share. Net sales rose 9.6 percent to $143.8 million during the quarter ended April 30, after deducting Read More →

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Community West Bank opening loan office in Paso Robles

By   /  Friday, May 26th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on Community West Bank opening loan office in Paso Robles

Community West Bank announced on Friday that it plans to open a loan production office in Paso Robles. The office, at 725 Creston Road, will open in June and will become Community West Bank’s first Paso Robles Office. “Community West Bank continues to expand our business banking presence on California’s Central Coast,” said Martin Plourd, Read More →

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Manufacturing software provider QAD reports net loss

By   /  Thursday, May 25th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Manufacturing software provider QAD reports net loss

Santa Barbara-based manufacturing software provider QAD reported a $2.6 million net loss for the fiscal first quarter 2018, ended April 30. Revenues grew 9.1 percent compared to the same period the previous year to $71.4 million, despite a $1.2 million impact from currency. This was primarily driven by a 34 percent increase in subscription revenue Read More →

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