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Goleta-based AppFolio reports first ever quarterly profit

By   /  Friday, May 12th, 2017  /  Earnings, left, Technology, Tri-County Public Companies  /  Comments Off on Goleta-based AppFolio reports first ever quarterly profit

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The Trade Desk reports $4.9 million net income for first quarter

By   /  Thursday, May 11th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on The Trade Desk reports $4.9 million net income for first quarter

The Trade Desk reported $4.9 million in net income for its first quarter ended March 31 and announced that it has secured a $200 million line of credit. Revenues for the Ventura-based advertising platform increased more than 75 percent over the first quarter of 2016, reaching $53.4 million. Operating expenses almost doubled, from $27 million Read More →

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Resonant’s revenue up but net losses grow

By   /  Thursday, May 11th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Resonant’s revenue up but net losses grow

Goleta-based Resonant quadrupled its first quarter revenue compared to the first quarter of 2016, but net losses increased 58 percent to $4.9 million or 37 cents per share. The mobile device filter designer reported $156,000 in revenues, up from $27,000 for the same period last year, but operating expenses grew from $3.1 million to nearly Read More →

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Stellar Biotechnologies reports $1.1 million loss for quarter

By   /  Tuesday, May 9th, 2017  /  Central Coast Health Watch, Earnings, Latest news, Technology, Tri-County Public Companies, West Ventura County  /  Comments Off on Stellar Biotechnologies reports $1.1 million loss for quarter

Stellar Biotechnologies, based in Port Hueneme, reported drops in both revenues and expenses for the quarter ended March 31. Revenues decreased 81 percent from $330,000 during the same quarter the previous year to $60,000 for the most recent quarter. The immunotherapy developer and manufacturer attributed the decrease to lower sales volume for pre-clinical studies, compared Read More →

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Inogen’s profits just keep on growing

By   /  Tuesday, May 9th, 2017  /  Central Coast Health Watch, Earnings, Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Inogen’s profits just keep on growing

Goleta-based Inogen, an oxygen concentrator company, reported a $5.9 million profit for the first quarter of 2017, up from $2.5 million in the first quarter of 2016, according to an earnings report May 9. The company reported $52.5 million in revenue, up 22.1 percent from the same period in 2016. Sales revenue was at $46 Read More →

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Sientra narrows losses in first quarter report

By   /  Tuesday, May 9th, 2017  /  Central Coast Health Watch, Earnings, Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Sientra narrows losses in first quarter report

Goleta-based breast implant company Sientra continued to cut its losses, losing $11.4 million in the first quarter of 2017, down from $11.9 million for the same period the year prior. “I am pleased with our first quarter performance, which was in line or above our expectations,” said Jeffrey Nugent, chairman and CEO. “In the first Read More →

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Salem Media to offer $225 million in secure notes

By   /  Monday, May 8th, 2017  /  Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on Salem Media to offer $225 million in secure notes

Salem Media Group reported first quarter 2017 net income of $1.1 million, or 4 cents per share, and announced plans for a private offering of $225 million in senior secured notes May 8. Total revenues and operating expenses both edged up slightly from the previous first quarter for the Camarillo-based Christian and conservative media company, Read More →

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