Revenues up at Calavo Growers but net income down
Calavo Growers reported a 15 percent increase in its third quarter revenues but net income fell to $8.8 million, or 50 cents per share, down from $12.7 million and 73 cents per share for the previous third quarter. The Santa Paula company’s Renaissance Food Group saw a 24 percent increase in revenue, but cost of Read More →
Read More →Deckers Brands delays meeting, deadline for director nominations
Deckers Brands, the Goleta maker of Ugg boots, set a Sept. 15 deadline for the nomination of new directors after coming under fire from activist investors who demanded the sale of the company. Filings with the Securities and Exchange Commission on Sept. 5 also pushed the annual meeting back until December. The company told the Read More →
Read More →Paso Robles-based IQMS reports record revenue growth
Paso Robles-based manufacturing software company IQMS reported that it had seen record revenue growth for the first half of 2017 and expects to end the year up 25 percent compared to 2016. The company said it had received million-dollar deals throughout the first two quarters, with deal sizes increasing overall, and that it was reinvesting Read More →
Read More →Semtech shares fall despite rise in net income
Shares for Camarillo semiconductor and Internet of Things company Semtech fell more than 5 percent after the company reported a rise in net income but a lower than expected third quarter outlook. Net sales for the quarter ended July 30 increased 13 percent over its previous second quarter to $153.1 million, for a net income Read More →
Read More →Aerovironment stock climbs on report of higher revenues
Aerovironment stock rose cautiously ahead of its first quarter fiscal 2018 earnings results, and then spiked nearly 10 percent in after-hours trading with the announcement of a 21 percent increase in revenues and lower net losses. Revenues reached $43.8 million for the quarter ended July 29, up from $36.2 million for the first quarter the Read More →
Read More →QAD reports second-quarter loss of $1.2 million
Santa Barbara software company QAD had a fiscal second-quarter loss of $1.2 million or 6 cents per share, the company reported Aug. 24. Total revenue for the second quarter was $76 million, up from $69.8 million for the fiscal 2017 second quarter. Subscription revenue, which is 23 percent of total revenue, grew 41 percent year-over-year. The company Read More →
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Plains submits $300 million plan to rebuild oil pipelines 901 and 903
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