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SEC warns firms about using non-GAAP numbers

By   /  Friday, June 10th, 2016  /  Earnings, Latest news  /  Comments Off on SEC warns firms about using non-GAAP numbers

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Limoneira misses second quarter estimates but analysts reconfirm strong outlook for year

By   /  Thursday, June 9th, 2016  /  Agribusiness, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira misses second quarter estimates but analysts reconfirm strong outlook for year

Santa Paula-based Limoneira reported drops in revenue and operating income for the second quarter of 2016 in an earnings report June 9. But analysts reconfirmed strong fiscal year 2016 and 2017 outlooks despite the quarter’s performance, due to favorable lemon pricing and expectations for the company’s real estate development segment. Limoneira’s recently expanded packing facility Read More →

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Calavo Growers reports highest quarterly net income in company history

By   /  Monday, June 6th, 2016  /  Agribusiness, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Calavo Growers reports highest quarterly net income in company history

Calavo Growers had its highest quarterly net income and gross profits ever, the company announced in a second quarter earnings report June 6, with earnings per diluted share of 56 cents. That beat the average estimate of analysts surveyed by Zacks Investment Research, which was for earnings of 50 cents per share. The Santa Paula-based Read More →

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Semtech sales up 11 percent, company says in first quarter earnings report

By   /  Thursday, June 2nd, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Semtech sales up 11 percent, company says in first quarter earnings report

Semtech sales increased 11 percent, the company said when it reported first quarter fiscal year 2017 earnings June 1. Semtech, a Camarillo-based supplier of analog and mixed-signal semiconductors, said revenues increased from $130 million in 2016 to $131.1 million in 2017. Net income increased from a loss of $142,000 during the same quarter in 2016 Read More →

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Deckers Brands CEO retiring; earnings per share nose dive

By   /  Thursday, May 26th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Deckers Brands CEO retiring; earnings per share nose dive

Goleta-based Deckers Brands beat quarterly revenue estimates but still posted a loss of 73 cents per share when the company reported fourth quarter and fiscal year 2016 earnings results May 26 as unseasonably warm weather ate into profit margins. Deckers’ sales increased 11 percent during the quarter from $340.6 million in 2015 to $378.6 million Read More →

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Latest

Resonant signs licensing agreement with customer

By   /  Thursday, May 19th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Resonant signs licensing agreement with customer

Resonant may be turning a corner. The company announced it signed a second licensing agreement May 17 with an existing customer. The Goleta-based company is developing smartphone technology called duplexers it intends to license to manufacturers of smartphone technology. Last week, it announced the first revenues in the company’s history when it reported first quarter Read More →

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Latest

Qualstar revenues down 23 percent during first quarter

By   /  Monday, May 16th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Qualstar revenues down 23 percent during first quarter

Qualstar revenues sunk during the first quarter, the company reported May 12. Simi Valley-based Qualstar is an electronics manufacturer that specializes in data storage and power supplies for telecom, broadcast and gaming industries, among others. Revenues sank 23 percent during the quarter from $2.8 million in 2015 to $2.1 million in 2016. Net losses decreased Read More →

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