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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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Latest

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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Latest

Inogen misses revenue target, reports loss

By   /  Thursday, November 5th, 2020  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen misses revenue target, reports loss

Inogen, a Goleta-based medical technology company that produces a portable oxygen concentrator, reported a net loss of $1.7 million and missed revenue estimates in its third quarter financial report. The company saw an almost 20% drop in total revenue from its position a year before, which it attributed to COVID-19. While the company’s rental revenue Read More →

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Resonant bets big on 5G equipment

By   /  Monday, November 2nd, 2020  /  Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Resonant bets big on 5G equipment

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