Monday, September 21, 2020

The 119 Largest San Francisco Area's Technology World Dominant Santa Clara County-Headquartered Companies Total Pretax Earnings Increased By a Very Modest 3% in the First Half of 2020. The Trump Administration's Reputedly Very Strong US Economy Certainly Hasn't Hit the Critical Santa Clara County of the San Francisco Bay Area.

From a review of Company SEC filings and the Google Finance website, I found  119 Companies headquartered in San Francisco Area's Santa Clara County with stock market caps of above $100 mil recently.  Of these 119 Santa Clara County Companies, 97 or 82% of them had June 2020 second quarter ends, 21 had July 2020 second quarter ends and 1 had a May 2020 second quarter end.

The table below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the second and first quarters of both 2020 and 2019 for each of these 119 superb Santa Clara County Companies located in the San Francisco Bay Area, with so many of these Companies being world technology leaders.


US US US US
GAAP GAAP GAAP GAAP
Pretax Pretax Pretax Pretax
Income Income Income Income
(Loss) (Loss) (Loss) (Loss)
Second Second First First
Companies Located in the San Francisco Bay Area  Quarter Quarter Quarter Quarter
Those Companies HQd in Santa Clara County 2020 2019 2020 2019
Stock Market Caps Above $100 Mil City HQs mils $ mils $ mils $ mils $
Alphabet Mountain View       8,277     12,147       7,757       8,146
Intuit Mountain View          486        (137)       1,408       1,797
NortonLifeLock (was named Symantec) Tempe, AZ / Mountain View            99            92          257            20
Synopsys Mountain View          237          133          110          134
Omnicell Mountain View            (7)            17            11            11
Ceva Mountain View            (1)            (1)            (1)            (2)
Livongo Health Mountain View            (1)          (13)            (6)          (16)
MobileIron Mountain View            (8)          (15)          (12)          (17)
Quotient Technology Mountain View          (19)            (4)          (16)          (13)
IGM Biosciences Mountain View          (19)          (11)          (18)            (7)
ChemoCentryx Mountain View            20          (15)          (22)          (12)
Elastic N.V. Mountain View          (19)          (41)          (34)          (31)
Pure Storage Mountain View          (88)          (99)
Apple Cupertino     13,137     11,911     13,135     13,793
Seagate Technology Cupertino          160          291          338          215
Durect Cupertino            14            (7)          (10)            (7)
Intel Santa Clara       5,935       4,724       6,614       4,547
NVIDIA Santa Clara          609          606          981          389
Applied Materials Santa Clara       1,040          782          878          759
SVB Financial Group Santa Clara          336          456          183          399
Advanced Micro Devices Santa Clara          160            37          168              4
Arista Networks Santa Clara          175          221          162          207
Agilent Technologies Santa Clara          219          222          121          218
ServiceNow Santa Clara            62          (16)            48          (11)
eHealth Santa Clara            (6)          (12)              1            (9)
Telenav Santa Clara            (9)          (10)            (0)            (5)
Intevac Santa Clara              2            (1)            (1)            (2)
PDF Solutions Santa Clara            (3)            (2)            (4)            (3)
SiTime Santa Clara            (6)            (5)            (5)            (3)
Chegg Santa Clara            12            (1)            (5)            (4)
Upwork Santa Clara/ Mountain View          (11)            (2)          (10)            (5)
Adesto Technologies (Acquired by Dialog) Santa Clara  NA   NA           (11)            (7)
SI-BONE Santa Clara          (12)            (9)          (13)            (9)
Ambarella Santa Clara          (14)            (8)          (14)          (16)
Landec Corp Santa Clara          (20)              1          (17)              2
ShockWave Medical Santa Clara          (18)          (11)          (19)          (13)
Palo Alto Networks Santa Clara          (48)          (14)          (68)          (21)
Marvell Technology Group Ltd Santa Clara        (167)          (68)        (108)          (41)
Coherent Santa Clara            (5)          (12)        (455)            25
Avaya Holdings Santa Clara            29        (660)        (635)          (19)
HP Inc Palo Alto          751          248          826          883
VMWare Palo Alto          495          487          368          351
Tesla Palo Alto          150        (370)            70        (645)
Varian Medical Systems Palo Alto            85            60            53          113
Bill.com Holdings Palo Alto            (9)            (5)            (8)            (2)
Eiger BioPharmaceuticals Palo Alto          (15)          (18)          (15)          (17)
Kodiak Sciences Palo Alto          (26)          (11)          (24)            (8)
Hercules Capital Palo Alto            62            48          (29)            62
Cloudera Palo Alto          (34)          (86)          (56)        (100)
BridgeBio Pharma Palo Alto        (136)          (74)        (104)          (69)
Jazz Pharmaceuticals Palo Alto          171          184        (209)          115
Kulr Technology Group Campbell            (0)            (1)            (1)            (1)
8X8 Inc Campbell/ San Jose          (42)          (34)          (50)          (28)
Netflix Los Gatos       1,036          501          796          400
Atomera Los Gatos            (4)            (4)            (4)            (4)
ROKU Los Gatos/ San Jose          (43)          (10)          (55)          (10)
KLA Corp Milpitas          115          221          115          221
Lumentum Holdings Milpitas / San Jose            15          (21)            49          (83)
Aviat Networks Milpitas              2              3              1            (2)
Onto Innovation (was Nanometrics) Milpitas/ Wilmington, MA              7              6            (4)              9
FireEye Milpitas          (52)          (67)          (75)          (73)
Intuitive Surgical Sunnyvale          107          392          308          280
NetApp Sunnyvale          104          119          250          384
Fortinet Sunnyvale          122            86          117            60
Trimble Sunnyvale            91          115            79            75
Juniper Networks Sunnyvale            86            78            28            45
Accuray Sunnyvale            (1)            (1)              3            (1)
eGain Sunnyvale              3              1              2              1
Ooma Sunnyvale            (0)            (5)            (1)            (5)
Ondas Holdings Sunnyvale            (3)            (5)            (3)            (6)
GSI Technology Sunnyvale            (6)            (0)            (4)            (0)
Rambus Sunnyvale          (10)          (33)            (7)          (26)
Silk Road Medical Sunnyvale          (10)          (12)          (10)          (24)
Alpha and Omega Semiconductor Ltd Sunnyvale            (2)            (3)          (11)            (5)
CrowdStrike Holdings Sunnyvale          (29)          (51)          (18)          (25)
Inphi Sunnyvale          (24)          (21)          (20)          (22)
Proofpoint Sunnyvale          (21)          (29)          (46)          (28)
Infinera Sunnyvale          (59)        (112)          (98)        (121)
Cisco Systems San Jose       3,306       3,704       3,444       3,615
Adobe San Jose       1,000          711          919          702
eBay San Jose       1,003          507          631          657
Broadcom San Jose          593          544          409          657
PayPal Holdings San Jose       1,799          943          263          717
Xilinx San Jose          163          263          190          260
Maxim Integrated Products San Jose          678          754          182          160
Cadence Design Systems San Jose          151          129          130          128
Fair Isaac San Jose            76            78            62            40
Align Technology San Jose          (73)          194            53            85
Western Digital San Jose          185        (474)            46        (477)
Flex Ltd San Jose            67            64            45          (36)
Zoom Video Communications San Jose          190              7            29              3
Xperi San Jose          (32)          (10)            21          (34)
Power Integrations San Jose            14            11            17              7
Super Micro Computer San Jose              8            27            16            12
Synaptics San Jose          112          (37)            16            (8)
Sanmina San Jose            60            59            11            69
Viavi Solutions San Jose            35            22              6              1
Heritage Commerce Corp San Jose            15            16              3            17
Semler Scientific San Jose              1              3              3              2
SJW Group San Jose            24            18              3              8
A10 Networks San Jose              4            (6)              0          (12)
SunPower San Jose            22          118            (1)        (100)
DSP Group San Jose            (1)            (1)            (3)            (1)
Quantum San Jose          (10)            (3)            (4)            (8)
Netgear San Jose              9              2            (4)            15
Immersion San Jose/ San Francisco            (1)            (9)            (5)          (11)
Calix San Jose            (4)            (5)            (7)          (10)
Energous San Jose            (8)          (10)            (9)          (11)
Vocera Communications San Jose            (4)            (5)          (10)          (12)
Zscaler San Jose          (49)            (6)          (19)          (12)
California Water Service Group San Jose              7            22          (20)            (8)
Harmonic San Jose          (14)          (11)          (21)          (12)
Arlo Technologies San Jose          (29)          (33)          (39)          (41)
Extreme Networks San Jose          (20)          (15)          (43)            (5)
ForeScout Technologies San Jose          (22)          (30)          (61)          (34)
Bloomenergy San Jose          (48)          (87)          (82)        (109)
TiVo Corp (Acquired by Xperi) San Jose  NA   NA         (180)          (20)
Nutanix San Jose        (236)        (207)        (236)        (207)
Hewlett Packard Enterprise Company  San Jose          (34)        (265)        (911)          440
Total all 119 Santa Clara County Companies     42,428     39,123     37,657     38,415
… % Change From Prior Year Quarter 8% -2%
Total Pretax Income (Losses)
….. First Half of 2020     80,086
….. First Half of 2019     77,538
………. % Decline 3%