Semtech beats analysts’ revenue estimates
Semtech beat analyst estimates but revenues sank again as weak mobile phone demand hampered the Camarillo-based semi conductor manufacturer. The company reported fourth quarter and year end results March 2 for the 2016 fiscal year. Fourth quarter revenues fell 9 percent from $130.4 million in 2015 to $118.6 million in 2016. According to Yahoo Finance, Read More →
Read More →AppFolio revenue up in 2015 but so were losses
AppFolio had another strong year but losses nearly doubled as the company expanded in 2015. Goleta-based AppFolio, which makes property management software for small- to medium-sized businesses, released fourth quarter earnings and 2015 earnings results after markets closed Feb. 22. Yearly revenue increased 57 percent in 2015 to about $75 million. Fourth quarter revenues also Read More →
Read More →LTC Properties beats analyst projections
Westlake Village-based LTC Properties beat analyst projections of rental revenue and funds from operations per share in its fourth quarter earnings report. LTC is a real estate investment trust that buys facilities such as nursing homes. Investors in such companies often use funds from operations as a substitute for earnings per share because it takes depreciation Read More →
Read More →
MindBody aiming for profitability
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Read More →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 →
Read More →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 →
Read More →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 →
Read More →
Sponsored content:
2015-2016 Giving Guide
