The 211 California Companies With Market Caps Between $1 Bil and $10 Bil Suffered Another Earnings Setback With Their US GAAP First Quarter 2016 Total Earnings From Continuing Operations Down a Massive 44% From the First Quarter 2015, Double the 22% Earnings Drop in Annual 2015 From Annual 2014, Which Was Also Double the 11% Earnings Decline in Annual 2014 Earnings From Annual 2013 ..... San Fran Bay Area's 1st Quarter 2016 Total Earnings Decline Was 68%, LA's 36% and San Diego's 33% ..... It's Pretty Clear That Both the Republican and Democratic Establishments Have Not Created an Economic Environment Where Even the Very Best California Companies, Which Are Also the Very Best Companies in the World, Their Suppliers, Their Employees and Their Families Can Prosper Economically ..... The Country Is Looking For Bold Ideas on the US Economy, Not Cautious Ones ..... Cautious Hasn't Worked Except For the Very Wealthy

From both the superb Google Finance website and US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations For the First Quarter 2016 and the First Quarter 2015 for each of the 211 Publicly-Held California HQed Companies with Stock Market Capitalizations From Between $1 Bil and $10 Bil:

				1st Qtr	1st Qtr
			First	2016	2015
			Quarter	Net	Net	Increase	Increase
			2016	Income	Income	(Decrease)	(Decrease)
California Companies	City	State	Month	(Loss)	(Loss)	Amount	%
Market Caps $1 Bil to $10 Bil	HQs	HQs	End	$ mils	$ mils	$ mils
San Fran Bay and Silicon Valley Area
Penumbra Inc	Alameda	CA	Mar 16	0.8	2.5	(1.7)
Virgin America Inc	Burlingame	CA	Mar 16	17.5	12.8	4.7
Restoration Hardware Holdings	Corte Madera	CA	Jan 16	33.3	42.5	(9.2)
Seagate Technology	Cupertino	CA	Mar 16	(21.0)	291.0	(312.0)
Callidus Software Inc	Dublin	CA	Mar 16	(4.5)	(4.0)	(0.5)
Guideware Software	Foster City	CA	Jan 16	0.9	4.0	(3.1)
SYNNEX Corp	Freemont	CA	Feb 16	46.6	46.3	0.3
Electronics For Imaging Inc	Fremont	CA	Mar 16	1.9	5.2	(3.3)
Impax Laboratories Inc	Hayward	CA	Mar 16	(10.4)	(6.3)	(4.1)
Bio-Rad Laboratories Inc	Hercules	CA	Mar 16	12.3	17.8	(5.5)
Robert Half Intl	Menlo Park	CA	Mar 16	83.0	78.0	5.0
Exponent Inc	Menlo Park	CA	Mar 16	15.4	10.3	5.1
Dermira Inc	Menlo Park	CA	Mar 16	(28.4)	(14.0)	(14.4)
Four Corners Property Trust	Mill Valley	CA	Mar 16	94.3	0.1	94.2
Redwood Trust Inc	Mill Valley	CA	Mar 16	12.1	14.8	(2.7)
FireEye Inc	Milpitas	CA	Mar 16	(155.9)	(134.0)	(21.9)
Intersil Corp	Milpitas	CA	Mar 16	11.8	(68.8)	80.6
Viavi Solutions Inc	Milpitas	CA	Mar 16	27.4	(35.8)	63.2
Lumentum Holdings	Milpitas	CA	Mar 16	(7.6)	12.2	(19.8)
Synopsys	Mountain View	CA	Jan 16	60.0	65.0	(5.0)
Pure Storage Inc	Mountain View	CA	Jan 16	(44.3)	(47.6)	3.3
Omnicell Inc	Mountain View	CA	Mar 16	(0.4)	6.3	(6.7)
Logitech Intl SA	Newark	CA	Mar 16	17.0	18.8	(1.8)
Depomed	Newark	CA	Mar 16	(20.9)	(11.6)	(9.3)
Ultragenyx Pharmaceutical	Novato	CA	Mar 16	(52.8)	(21.4)	(31.4)
Pandora Media Inc	Oakland	CA	Mar 16	(115.1)	(48.3)	(66.8)
Jazz Pharmaceuticals	Palo Alto	CA	Mar 16	74.0	71.0	3.0
Varian Medical Systems	Palo Alto	CA	Mar 16	97.0	106.0	(9.0)
Anacor Pharmaceuticals	Palo Alto	CA	Mar 16	(16.1)	(13.0)	(3.1)
Hercules Capital Inc	Palo Alto	CA	Mar 16	14.3	21.9	(7.6)
Cooper Companies	Pleasanton	CA	Jan 16	52.0	62.0	(10.0)
Veeva Systems Inc	Pleasanton	CA	Jan 16	17.6	13.3	4.3
Ellie Mae Inc	Pleasanton	CA	Mar 16	2.5	3.6	(1.1)
Blackhawk Networks Inc	Pleasanton	CA	Mar 16	(3.5)	4.7	(8.2)
Simpson Manufacturing Co Inc	Pleasanton	CA	Mar 16	16.3	10.1	6.2
Natus Medical Inc	Pleasanton	CA	Mar 16	8.5	8.6	(0.1)
Zeltiq Aesthetics Inc	Pleasanton	CA	Mar 16	(9.9)	(2.1)	(7.8)
Nevro Corp	Redwood City	CA	Mar 16	(9.3)	(14.1)	4.8
Shutterfly Inc	Redwood City	CA	Mar 16	(29.4)	(45.1)	15.7
Box Inc	Redwood City	CA	Jan 16	(50.4)	(46.7)	(3.7)
Imperva Inc	Redwood Shores	CA	Mar 16	(24.0)	(20.0)	(4.0)
Qualys Inc	Redwood Shores	CA	Mar 16	4.8	3.0	1.8
Rovi Corp	San Carlos	CA	Mar 16	(17.7)	(15.5)	(2.2)
First Republic Bank	San Francisco	CA	Mar 16	149.0	116.0	33.0
Gap Inc	San Francisco	CA	Jan 16	214.0	319.0	(105.0)
Splunk Inc	San Francisco	CA	Jan 16	(79.0)	(57.0)	(22.0)
Williams-Sonoma	San Francisco	CA	Jan 16	141.0	147.0	(6.0)
Atlassian Corp plc	San Francisco	CA	Mar 16	(1.1)	(0.6)	(0.5)
Dolby Laboratories	San Francisco	CA	Mar 16	67.5	58.5	9.0
Square Inc	San Francisco	CA	Mar 16	(96.8)	(48.0)	(48.8)
Fitbit Inc	San Francisco	CA	Mar 16	11.0	48.0	(37.0)
KKR Financial Holdings LLC	San Francisco	CA	Mar 16	(197.7)	(46.5)	(151.2)
Zynga Inc	San Francisco	CA	Mar 16	(26.6)	(46.5)	19.9
Zendesk Inc	San Francisco	CA	Mar 16	(27.2)	(19.2)	(8.0)
Yelp Inc	San Francisco	CA	Mar 16	(15.4)	(1.3)	(14.1)
Pattern Energy Group Inc	San Francisco	CA	Mar 16	(29.0)	(22.1)	(6.9)
LendingClub Corp	San Francisco	CA	Mar 16	4.1	(6.4)	10.5
New Relic	San Francisco	CA	Mar 16	(19.2)	(14.8)	(4.4)
FibroGen Inc	San Francisco	CA	Mar 16	(27.8)	(46.4)	18.6
Terreno Realty Corp	San Francisco	CA	Mar 16	7.4	(0.8)	8.2
Cadence Design Systems	San Jose	CA	Mar 16	51.0	36.0	15.0
Flextronics Intl Ltd	San Jose	CA	Mar 16	61.0	135.0	(74.0)
Align Technology	San Jose	CA	Mar 16	41.0	36.0	5.0
Ubiquiti Networks Inc	San Jose	CA	Mar 16	52.7	41.1	11.6
Fair Isaac Corp	San Jose	CA	Mar 16	23.1	18.9	4.2
Brocade Communications Systems	San Jose	CA	Jan 16	93.6	87.3	6.3
Cypress Semiconductor	San Jose	CA	Mar 16	(104.2)	(247.4)	143.2
VeriFone Systems	San Jose	CA	Jan 16	23.7	14.1	9.6
Cavium Inc	San Jose	CA	Mar 16	(3.8)	(13.9)	10.1
Integrated Device Technology	San Jose	CA	Mar 16	81.6	40.4	41.2
Monolithic Power Systems Inc	San Jose	CA	Mar 16	10.6	6.0	4.6
Synaptics Inc	San Jose	CA	Mar 16	20.5	31.5	(11.0)
SunPower Corp	San Jose	CA	Mar 16	(101.4)	(29.1)	(72.3)
Fairchild Semiconductor Intl Inc	San Jose	CA	Mar 16	14.8	1.1	13.7
Sanmina Corp	San Jose	CA	Mar 16	30.4	14.7	15.7
Polycom Inc	San Jose	CA	Mar 16	3.3	21.2	(17.9)
Tessera Technologies Inc	San Jose	CA	Mar 16	18.1	35.6	(17.5)
NetGear Inc	San Jose	CA	Mar 16	16.6	8.0	8.6
Power Integrations Inc	San Jose	CA	Mar 16	8.8	6.3	2.5
Super Micro Computer	San Jose	CA	Mar 16	16.7	23.1	(6.4)
8X8 Inc	San Jose	CA	Mar 16	(1.1)	0.2	(1.3)
TriNet Group Inc	San Leandro	CA	Mar 16	11.6	15.8	(4.2)
NetSuite	San Mateo	CA	Mar 16	(30.0)	(23.0)	(7.0)
Wageworks Inc	San Mateo	CA	Mar 16	5.8	5.6	0.2
SolarCity Corp	San Mateo	CA	Mar 16	(283.1)	(146.9)	(136.2)
Marketo Inc	San Mateo	CA	Mar 16	(18.7)	(18.6)	(0.1)
RingCentral	San Mateo	CA	Mar 16	(6.6)	(10.6)	4.0
GoPro Inc	San Mateo	CA	Mar 16	(107.5)	16.8	(124.3)
Westamerica Bancorporation	San Rafael	CA	Mar 16	14.2	14.6	(0.4)
SVB Financial Group	Santa Clara	CA	Mar 16	77.0	102.0	(25.0)
Arista Networks Inc	Santa Clara	CA	Mar 16	35.2	24.5	10.7
Coherent inc	Santa Clara	CA	Mar 16	17.8	18.4	(0.6)
Ambarella Inc	Santa Clara	CA	Jan 16	5.1	17.7	(12.6)
Gigamon Inc	Santa Clara	CA	Mar 16	3.0	(0.7)	3.7
Infoblox Inc	Santa Clara	CA	Jan 16	3.8	(7.0)	10.8
Tower Semiconductor Ltd	Santa Clara	CA	Mar 16	64.5	(75.4)	139.9
Keysight Technologies Inc	Santa Rosa	CA	Jan 16	64.0	70.0	(6.0)
Nektar Therapeutics	South San Francisco	CA	Mar 16	(19.5)	33.8	(53.3)
Core-Mark Holding Co Inc	South San Francisco	CA	Mar 16	5.7	5.5	0.2
Prothena Corp Plc	South San Francisco	CA	Mar 16	(27.5)	(15.2)	(12.3)
Portola Pharmaceuticals Inc	South San Francisco	CA	Mar 16	(65.0)	(46.9)	(18.1)
Innoviva Inc	South San Francisco	CA	Mar 16	4.4	(10.7)	15.1
Five Prime Therapeutics Inc	South San Francisco	CA	Mar 16	(13.0)	(11.0)	(2.0)
Exelixis Inc	South San Francisco	CA	Mar 16	(61.3)	(35.2)	(26.1)
Theravance Biopharma Inc	South San Francisco	CA	Mar 16	(42.2)	(42.5)	0.3
Juniper Networks	Sunnyvale	CA	Mar 16	91.0	80.0	11.0
NetApp	Sunnyvale	CA	Jan 16	153.0	177.0	(24.0)
Trimble Navigation Ltd	Sunnyvale	CA	Mar 16	20.0	34.0	(14.0)
Fortinet Inc	Sunnyvale	CA	Mar 16	(3.0)	2.0	(5.0)
SINA Corp	Sunnyvale	CA	Mar 16	15.7	(13.9)	29.6
Advanced Micro Devices	Sunnyvale	CA	Mar 16	(109.0)	(180.0)	71.0
Proofpoint	Sunnyvale	CA	Mar 16	(31.7)	(21.7)	(10.0)
Cepheid	Sunnyvale	CA	Mar 16	(6.6)	0.9	(7.5)
Mellanox Technologies Ltd	Sunnyvale	CA	Mar 16	(7.2)	10.5	(17.7)
Financial Engines Inc	Sunnyvale	CA	Mar 16	3.3	7.9	(4.6)
Infinera Corp	Sunnyvale	CA	Mar 16	11.8	12.4	(0.6)
Finisar Corp	Sunnyvale	CA	Jan 16	12.1	1.7	10.4
Rambus Inc	Sunnyvale	CA	Mar 16	1.9	9.5	(7.6)
Inphi Corp	Sunnyvale	CA	Mar 16	0.2	(9.7)	9.9
Ruckus Wireless Inc	Sunnyvale	CA	Mar 16	(0.9)	(0.6)	(0.3)
Abaxis Inc	Union City	CA	Mar 16	8.3	3.8	4.5
Total all 121 San Fran Bay and Silicon Valley Area				327.5	1,023.3	(695.8)	-68%
Los Angeles Area
American Homes 4 Rent	Agoura Hills	CA	Mar 16	5.0	(8.3)	13.3
Microsemi Corp	Aliso Viejo	CA	Mar 16	(212.0)	24.9	(236.9)
Sunstone Hotel Investors Inc	Aliso Viejo	CA	Mar 16	1.2	1.2	-
Qlogic	Aliso Viejo	CA	Mar 16	18.2	11.1	7.1
Live Nation Entertainment	Beverly Hills	CA	Mar 16	(56.0)	(66.5)	10.5
Kennedy-Wilson Holdings Inc	Beverly Hills	CA	Mar 16	20.5	(4.3)	24.8
PacWest Bancorp	Brea	CA	Mar 16	90.5	73.1	17.4
On Assignment Inc	Calabasas	CA	Mar 16	17.3	13.0	4.3
Cheesecake Factory Inc	Calabasas Hills	CA	Mar 16	34.0	28.4	5.6
Semtech Corp	Camarillo	CA	Jan 16	1.2	(15.4)	16.6
99 Cents Only Stores	City of Commerce	CA	Jan 16	(11.7)	(2.3)	(9.4)
Smart & Final Stores Inc	Commerce	CA	Mar 16	(2.0)	4.9	(6.9)
Stamps.com Inc	El Segundo	CA	Mar 16	13.2	(1.0)	14.2
Kaiser Aluminum Corp	Foothill Ranch	CA	Mar 16	26.3	(292.2)	318.5
Avery Dennison	Glendale	CA	Mar 16	89.6	71.9	17.7
Dreamworks Animation SKG Inc	Glendale	CA	Mar 16	12.1	(55.9)	68.0
PS Business Parks Inc	Glendale	CA	Mar 16	32.5	40.4	(7.9)
DineEquity Inc	Glendale	CA	Mar 16	25.5	28.4	(2.9)
BJ's Restaurants Inc	Huntington Beach	CA	Mar 16	11.6	9.6	2.0
Western Digital	Irvine	CA	Mar 16	74.0	384.0	(310.0)
Ingram Micro	Irvine	CA	Mar 16	1.9	43.3	(41.4)
CalAtlantic Group Inc	Irvine	CA	Mar 16	72.7	31.6	41.1
Corelogic Inc	Irvine	CA	Mar 16	27.5	29.5	(2.0)
Masimo Corp	Irvine	CA	Mar 16	27.6	19.8	7.8
TRI Pointe Group Inc	Irvine	CA	Mar 16	28.7	15.3	13.4
Sabra Health Care REIT Inc	Irvine	CA	Mar 16	(15.7)	19.4	(35.1)
Endologix Inc	Irvine	CA	Mar 16	(47.1)	(11.2)	(35.9)
Molina Healthcare	Long Beach	CA	Mar 16	24.0	28.0	(4.0)
CBRE Group	Los Angeles	CA	Mar 16	84.6	93.1	(8.5)
AerCap Holdings NV	Los Angeles	CA	Mar 16	223.1	309.4	(86.3)
Oaktree Capital Group LLC	Los Angeles	CA	Mar 16	83.2	1,283.0	(1,199.8)
Kilroy Realty Corp	Los Angeles	CA	Mar 16	178.1	44.0	134.1
Herbalife Ltd	Los Angeles	CA	Mar 16	95.8	78.2	17.6
Reliance Steel & Aluminum	Los Angeles	CA	Mar 16	93.5	102.9	(9.4)
VCA Inc	Los Angeles	CA	Mar 16	47.8	39.6	8.2
Aecom	Los Angeles	CA	Mar 16	66.6	20.6	46.0
J2 Global Inc	Los Angeles	CA	Mar 16	29.9	21.9	8.0
Air Lease Corp	Los Angeles	CA	Mar 16	92.9	19.3	73.6
Ares Management LP	Los Angeles	CA	Mar 16	(13.6)	42.4	(56.0)
Mercury General Corp	Los Angeles	CA	Mar 16	23.3	26.2	(2.9)
Hudson Pacific Properties Inc	Los Angeles	CA	Mar 16	6.0	24.6	(18.6)
Cathay General Bancorp	Los Angeles	CA	Mar 16	46.2	36.0	10.2
Colony Capital Inc	Los Angeles	CA	Mar 16	91.0	16.2	74.8
Korn/Ferry Intl	Los Angeles	CA	Jan 16	(16.0)	22.9	(38.9)
Houlihan Lokey Inc	Los Angeles	CA	Mar 16	22.8	24.8	(2.0)
Guess? Inc	Los Angeles	CA	Jan 16	49.3	55.6	(6.3)
Rexford Industrial Realty Inc	Los Angeles	CA	Mar 16	1.5	0.1	1.4
BBCN Bancorp Inc	Los Angeles	CA	Mar 16	23.6	21.4	2.2
KB Home	Los Angeles	CA	Feb 16	13.1	7.8	5.3
Skechers USA Inc	Manhattan Beach	CA	Mar 16	109.6	61.7	47.9
The Ensign Group Inc	Mission Viejo	CA	Mar 16	9.3	15.1	(5.8)
PennyMac Mortgage Investment Trust	Moorpark	CA	Mar 16	14.5	7.5	7.0
CVBF Financial Corp	Ontario	CA	Mar 16	23.4	15.8	7.6
Alexandria Real Estate Equities Inc	Pasadena	CA	Mar 16	10.0	25.1	(15.1)
Jacob's Engineering Group	Pasadena	CA	Mar 16	63.4	88.1	(24.7)
East West Bancorp Inc	Pasadena	CA	Mar 16	107.5	100.0	7.5
Tetra Tech	Pasadena	CA	Mar 16	3.7	19.0	(15.3)
Green Dot Corp	Pasadena	CA	Mar 16	32.9	40.8	(7.9)
First American Financial Corp	Santa Ana	CA	Mar 16	52.7	37.8	14.9
Douglas Emmett Inc	Santa Monica	CA	Mar 16	16.0	22.1	(6.1)
Lions Gate Entertainment Corp	Santa Monica	CA	Mar 16	11.5	19.6	(8.1)
Kite Pharma Inc	Santa Monica	CA	Mar 16	(43.9)	(15.1)	(28.8)
Cornerstone OnDemand Inc	Santa Monica	CA	Mar 16	(18.2)	(23.3)	5.1
Crown Media Holdings Inc	Studio City	CA	Mar 16	31.2	18.5	12.7
Tutor Perini Corp	Sylmar	CA	Mar 16	15.4	5.1	10.3
Teledyne Technologies Inc	Thousand Oaks	CA	Mar 16	38.4	43.7	(5.3)
Wesco Aircraft Holdings	Valencia	CA	Mar 16	23.5	23.0	0.5
LTC Properties Inc	Westlake Village	CA	Mar 16	19.9	17.6	2.3
Total all 68 Los Angeles Area				2,074.1	3,232.8	(1,158.7)	-36%
San Diego Area
Ionis Pharmaceuticals	Carlsbad	CA	Mar 16	(62.9)	(16.7)	(46.2)
ViaSat Inc	Carlsbad	CA	Mar 16	4.4	7.4	(3.0)
MaxLinear Inc	Carlsbad	CA	Mar 16	19.1	(4.7)	23.8
Ligand Pharmaceuticals Inc	La Jolla	CA	Mar 16	5.9	(0.1)	6.0
ResMed	San Diego	CA	Mar 16	88.5	91.0	(2.5)
DexCom Inc	San Diego	CA	Mar 16	(19.2)	(12.9)	(6.3)
Neurocrine Biosciences Inc	San Diego	CA	Mar 16	(19.3)	(1.2)	(18.1)
ACADIA Pharmaceuticals Inc	San Diego	CA	Mar 16	(49.8)	(40.4)	(9.4)
PriceSmart	San Diego	CA	Feb 16	25.9	24.8	1.1
NuVasive Inc	San Diego	CA	Mar 16	(9.3)	31.4	(40.7)
Jack in the Box	San Diego	CA	Mar 16	29.0	23.4	5.6
American Assets Trust Inc	San Diego	CA	Mar 16	10.7	11.4	(0.7)
AMN Healthcare Services Inc	San Diego	CA	Mar 16	25.9	12.2	13.7
WD-40 Company	San Diego	CA	Feb 16	13.7	11.3	2.4
Halozyme Therapeutics Inc	San Diego	CA	Mar 16	(19.8)	(15.1)	(4.7)
BofI Holding	San Diego	CA	Mar 16	35.9	21.1	14.8
Cubic Corp	San Diego	CA	Mar 16	10.1	(11.0)	21.1
Total all 17 San Diego Area				88.8	131.9	(43.1)	-33%
Rest of California
Deckers Outdoor Corp	Goleta	CA	Mar 16	(23.7)	1.4	(25.1)
Aerojet Rocketdyne Holdings	Rancho Cordova	CA	Nov 15	5.2	(3.5)	8.7
ICU Medical Inc	San Clemente	CA	Mar 16	15.9	9.7	6.2
Plantronics Inc	Santa Cruz	CA	Mar 16	13.0	25.8	(12.8)
Granite Construction Inc	Watsonville	CA	Mar 16	(10.5)	(8.6)	(1.9)
Total all 5 Rest of California				(0.1)	24.8	(24.9)	-100%
Grand Total all 211 California Companies				2,490.3	4,412.8	(1,922.5)	-44%