Sunday, June 28, 2020

Companies in Alameda County in the San Francisco Bay Area Posted Total Pretax Income Which Declined Sharply By 60% in the 1Q of 2020 From the 1Q of 2019. Retailer Ross Stores Was the Main Company Causing the Huge Decline But There Were Many Other Companies Doing Likewise.

From a review of Company SEC filings, I found 52 Companies headquartered in Alameda County in the San Francisco Bay Area which filed their 1Q 2020 financial statements with the SEC.

The table below shows the US GAAP Pretax Income (Loss) From Continuing Operations for the first quarter of both 2020 and 2019 for each of these 52 Alameda County Companies.


  US US
GAAP GAAP
Pretax Pretax
Income Income
(Loss) (Loss) Better
  First First (Worse)
    Quarter Quarter %
Alameda County California Companies   2020 2019  Change
All Cos Filing 1Q 2020 Financial Statements With SEC City HQs mils $ mils $
   
Clorox  Oakland                 297                240
California Bancorp  Oakland                     1                    3
e.l.f. beauty  Oakland                   (1)                (21)
Lam Research  Fremont                 629                586
Synnex Corp  Fremont                 155                120
Enphase Energy  Fremont                   57                    3
Ichor Holdings Ltd  Fremont                     3                    0
ACM Research  Fremont                     2                    2
AXT Inc  Fremont                     1                  (1)
Aehr Test Systems  Fremont                     0                  (3)
Identiv  Fremont                   (2)                  (1)
Zosano Pharma  Fremont                   (9)                  (9)
Ardelyx  Fremont                 (22)                (26)
Ultra Clean Holdings  Hayward                   15                    3
Pulse Biosciences  Hayward                 (12)                (10)
Arcus Biosciences  Hayward                 (28)                (18)
Aduro Biotech  Berkeley                 (13)                (23)
Energy Recovery  San Leandro                     1                    3
McGrath Rent Corp  Livermore                   27                  24
FormFactor  Livermore                   19                    8
Performance Financial Corp  Livermore                 (16)                  (8)
Exelixis  Alameda                   60                  91
Penumbra  Alameda                   (1)                  12
AgeX Therapeutics  Alameda                   (3)                  (3)
Line Cell Therapeutics (was named Biotime)  Alameda/Carlsbad, CA                   (8)                  35
Dasan Zhone Solutions  Alameda                   (9)                  (1)
OncoCyte  Alameda/Irvine, CA                   (9)                  (4)
Veeva Systems  Pleasanton                   91                  77
Simpson Manufacturing  Pleasanton                   47                  29
Cooper Companies  Pleasanton                     9                128
Natus Medical  Pleasanton                   (5)                (40)
10x Genonomics  Pleasanton                 (21)                  (4)
Workday  Pleasanton               (155)              (116)
TriNet Group  Dublin                 121                  83
Giga-tronics  Dublin                   (1)                    0
Ross Stores  Dublin               (469)                542
Logitech International  Newark                   70                  45
ShotSpotter  Newark                     0                  (0)
Socket Mobile  Newark                   (0)                    0
Smart Global Holdings  Newark                   (8)                  17
CymaBay Therapeutics  Newark                 (13)                (23)
Protagonist Therapeutics  Newark                 (20)                (14)
Revance Therapeuticals  Newark                 (62)                (35)
NMI Holdings  Emeryvile                   72                  39
Grocery Outlet Holding  Emeryvile                   11                    5
Novabay Phrmaceuticals  Emeryvile                   (2)                  (4)
XOMA  Emeryvile                   (6)                    3
Dynavax Technologies  Emeryvile                 (13)                (40)
Adamus Pharmaceuticals  Emeryvile                 (17)                (30)
Gritstone Oncology  Emeryvile                 (26)                (18)
Zogenix  Emeryvile                 (26)                (35)
Amyris  Emeryvile                 (88)                (66)  
Total all 52 Alameda County California Companies                623             1,545 -60%