Amid losses, Sientra makes an acquisition
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Read More →Calavo Growers beats per share estimates but misses on revenue
Calavo Growers beat per share analyst expectations but missed revenue estimates when the company reported fiscal year 2016 first quarter earnings March 8. The Santa Paula-based avocado grower reported earnings per share of 37 cents, 2 cents better than estimates compiled by financial information provider S&P Capital IQ. Revenues increased 5 percent from $194.8 million Read More →
Read More →Amgen to pay dividend of $1 per share
Thousand Oaks-based biotech giant Amgen announced it will pay a second quarter dividend of $1 per share. Amgen increased its first quarter dividend to $1 per share from 79 cents on Dec. 15, which Amgen paid to shareholders during each quarter last year. Amgen will pay the dividend on June 8 to shareholders who own Read More →
Read More →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 →Ceres fires KPMG over financial report
Ceres Inc. fired its accounting firm Feb. 23 during a disagreement over a “going concern” statement in Ceres’ 2015 annual report. Ceres, a Thousand Oaks-based ag-biotech company, made the announcement in a filing with the Securities and Exchange Commission. The filing says Ceres hired Los Angeles-based Marcum as its new independent accountant and dismissed its 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 →
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