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Vapor Hub revenues grow but so do losses

By   /  Thursday, February 18th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Vapor Hub revenues grow but so do losses

Vapor Hub, a Simi Valley-based electronic cigarette company, said revenues increased slightly when the company released second quarter earnings Feb. 17. Revenues increased from $1.13 million during the second quarter of 2014 to $1.3 million in 2015. Net losses for the company increased as well though, from $189,909 to $334,444. Vapor Hub is a publicly Read More →

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Central banks losing ability to steer global economies

By   /  Friday, February 12th, 2016  /  Banking & Finance, Banking Industry, Columns, Latest news  /  Comments Off on Central banks losing ability to steer global economies

Upheaval in the global markets in recent months may be signaling that the era of the all-powerful central bank may be coming to an end. Evidence is mounting that central bank moves are having less and less of the desired impact on regional economies. For Exhibit A we turn to the People’s Bank of China, Read More →

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OCB Bancorp income up 142 percent in 2015

By   /  Thursday, February 11th, 2016  /  Banking & Finance, Banking Industry, Earnings, Latest news  /  Comments Off on OCB Bancorp income up 142 percent in 2015

OCB Bancorp, the parent company of Ojai Community Bank, increased its year-over-year net income by 142 percent in 2015. OCB Bancorp’s net income grew from $380,000 in 2014 to $921,000 in 2015, or 40 cents in earnings per share. Total loans increased $48.2 million or 37.5 percent to $176.5 million in 2015. Total assets rose Read More →

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Mindbody revenue up but so are losses

By   /  Wednesday, February 10th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Mindbody revenue up but so are losses

Yoga software developer MindBody reported that revenues increased, subscribers increased and net losses increased once again when the company released fourth quarter and year-end earnings Feb. 10. San Luis Obispo-based MindBody sells products and merchant processing to yoga and fitness centers worldwide. Fourth quarter revenue increased 40 percent from $20.12 million in 2014 to $28.27 Read More →

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Port Hueneme’s Stellar Biotechnologies posts mixed earnings results

By   /  Monday, February 8th, 2016  /  Central Coast Health Watch, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Port Hueneme’s Stellar Biotechnologies posts mixed earnings results

Stellar Biotechnologies saw revenues increase 130 percent during the first quarter of 2016 but the company still lost more money in 2016 than it did during the same quarter of 2015. The Port Hueneme-based company reported first quarter 2016 results after markets closed Feb. 8. Stellar makes a protein for immunotherapy treatments using a unique Read More →

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Latest

Thousand Oaks’ Amgen just keeps chugging along

By   /  Friday, February 5th, 2016  /  Central Coast Health Watch, Earnings, East Ventura County, middle, Tri-County Public Companies  /  Comments Off on Thousand Oaks’ Amgen just keeps chugging along

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Latest

Deckers Outdoor fourth quarter earnings results positive

By   /  Thursday, February 4th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers Outdoor fourth quarter earnings results positive

Deckers Outdoor, a Goleta-based manufacturer of outdoor footwear apparel and accessories, beat analyst earnings per share estimates when it released third quarter 2016 earnings Feb. 4. Earnings per share increased to $4.78 from $4.50 last year. That beat analyst estimates of $4.75 per share, according to Yahoo Finance. Revenues also increased 3.6 percent during the Read More →

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