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AeroVironment releases pilot program details at expo

By   /  Wednesday, February 15th, 2017  /  Agribusiness, East Ventura County, Latest news, Technology, Tri-County Public Companies  /  Comments Off on AeroVironment releases pilot program details at expo

Unmanned aircraft systems company AeroVironment published details from its pilot program and debuted a new drone and support system at the World Ag Expo and National Farm Machinery Show Feb. 14 in Tulare, CA. Based in Monrovia, with operations in Simi Valley, the company partnered with farmers and universities to develop a drone that would Read More →

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Drug sales for biotech giant Amgen boost bottom line

By   /  Friday, February 10th, 2017  /  Central Coast Health Watch, Earnings, left, Technology, Tri-County Public Companies  /  Comments Off on Drug sales for biotech giant Amgen boost bottom line

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Deckers Brands struggles as iconic shoe brand sales decline

By   /  Friday, February 10th, 2017  /  Earnings, middle, Tri-County Public Companies  /  Comments Off on Deckers Brands struggles as iconic shoe brand sales decline

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MindBody revenues grow, net loss narrows

By   /  Wednesday, February 8th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MindBody revenues grow, net loss narrows

Revenues for San Luis Obispo cloud-based business management software company MindBody grew 35 percent in the fourth quarter of 2016, narrowing its net loss for the year to $23 million, or 58 cents per share. Net losses for the quarter were $1.6 million, or 4 cents per share, down from $6.5 million for the same Read More →

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Inphi reports strong fourth quarter revenue growth

By   /  Tuesday, February 7th, 2017  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi reports strong fourth quarter revenue growth

Semiconductor producer Inphi, which has operations in Westlake Village, reported fourth quarter net income of $19.1 million, or 42 cents per diluted share, bringing the company to $26.5 million in net income for its fiscal year 2016. Revenues from continuing operations rose 53 percent, from $52.9 million in the fourth quarter of 2015 to $80.9 Read More →

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PennyMac Financial beats Wall Street’s earnings estimates

By   /  Thursday, February 2nd, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac Financial beats Wall Street’s earnings estimates

Updated at 1 p.m. on Feb. 3: Moorpark-based PennyMac Financial Services reported net income of $113.8 million on revenue of $289.3 million for the fourth quarter of 2016, exceeding Wall Street’s expectations on earnings per share. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of Read More →

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OCB Bancorp reports strong fourth quarter earnings

By   /  Thursday, February 2nd, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on OCB Bancorp reports strong fourth quarter earnings

OCB Bancorp, parent company of Ojai Community Bank and its divisions — Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank – reported net income of $1.28 million in the fourth quarter of 2016, an increase of $361,000 or 39 percent over 2015. Total loans finished the year at $209 million, an Read More →

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