Sunday, September 20, 2020

The 53 Largest San Francisco East Bay Headquartered Companies Total Pretax Earnings Declined By an Off-the-Charts 194% in the Second Quarter of 2020, Substantially Much Worse Than Their 14% Decline in the First Quarter of 2020. The Trump Administration's Reputedly Strong US Economy Certainly Hasn't Hit San Francisco's East Bay.

From a review of Company SEC filings and the Google Finance website, I found 53 Companies headquartered in San Francisco's East Bay with stock market caps of above $100 mil recently.  Of these 53 San Francisco East Bay Companies, 47 or 89% of them had June 2020 second quarter ends, 4 had July 2020 second quarter ends and 2 had May 2020 second quarter ends.

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 superb 53 San Francisco East Bay Companies.


US US US US
GAAP GAAP GAAP GAAP
Pretax Pretax Pretax Pretax
Income Income Income Income
(Loss) (Loss) (Loss) (Loss)
Second Second First First
Quarter Quarter Quarter Quarter
San Francisco East Bay Companies 2020 2019 2020 2019
Stock Market Caps Above $100 Mil City HQs mils $ mils $ mils $ mils $
Alameda County Cos    
Clorox  Oakland             395            292            297            240
California Bancorp  Oakland                 2                3                1                3
e.l.f. beauty  Oakland                 2                6               (1)             (21)
Dasan Zhone Solutions  Oakland                 1                3               (9)               (1)
Lam Research  Fremont             748            609            629            586
Synnex Corp  Fremont               79            153            155            120
Enphase Energy  Fremont              (54)              11              57                3
Ichor Holdings Ltd  Fremont                 7                0                3                0
ACM Research  Fremont                 2                5                2                2
AXT Inc  Fremont                 2                2                1               (1)
Identiv  Fremont                (3)                0               (2)               (1)
Zosano Pharma  Fremont                (8)               (9)               (9)               (9)
Ardelyx  Fremont              (25)             (25)             (22)             (26)
Ultra Clean Holdings  Hayward               28                3              15                3
Pulse Biosciences  Hayward              (11)             (11)             (12)             (10)
Arcus Biosciences  Hayward              (45)             (28)             (28)             (18)
Aduro Biotech  Berkeley              (17)             (19)             (13)             (23)
Energy Recovery  San Leandro               22                4                1                3
McGrath Rent Corp  Livermore               31              26              27              24
FormFactor  Livermore               23                9              19                8
Exelixis  Alameda               81            100              60              91
Penumbra  Alameda              (17)              14               (1)              12
Line Cell Therapeutics (was named Biotime)  Alameda/Carlsbad, CA                (7)             (31)               (8)              35
Veeva Systems  Pleasanton               93              81              91              77
Simpson Manufacturing  Pleasanton               72              54              47              29
Natus Medical  Pleasanton              (13)                5               (5)             (40)
10x Genonomics  Pleasanton              (40)             (11)             (21)               (4)
Workday  Pleasanton              (28)           (123)           (155)           (116)
TriNet Group  Dublin             171              56            121              83
Ross Stores  Dublin               56            549           (469)            542
Logitech International  Newark               86              52              70              45
ShotSpotter  Newark                 1               (0)                0               (0)
Smart Global Holdings  Newark                 4                2               (8)              17
CymaBay Therapeutics  Newark              (11)             (24)             (13)             (23)
Protagonist Therapeutics  Newark              (18)             (31)             (20)             (14)
Revance Therapeuticals  Newark              (61)             (37)             (62)             (35)
NMI Holdings  Emeryvile               35              51              72              39
Grocery Outlet Holding  Emeryvile               27             (15)              11                5
XOMA  Emeryvile                (4)               (4)               (6)                3
Dynavax Technologies  Emeryvile              (52)             (43)             (13)             (40)
Adamus Pharmaceuticals  Emeryvile              (11)             (25)             (17)             (30)
Gritstone Oncology  Emeryvile              (26)             (21)             (26)             (18)
Zogenix  Emeryvile              (71)             (38)             (26)             (35)
Berekeley Lights  Emeryvile              (12)               (6)               (8)               (4)
Amyris  Emeryvile            (108)             (38)             (88)             (66)
Total all 45 Alameda County California Companies         1,326         1,551            637         1,435
… % Change From Prior Year Quarter -15% -56%
Contra Costa County Cos
Chevron  San Ramon       (10,597)         5,935         4,145         3,957
Cooper Companies  San Ramon               66            127                9            128
Five9  San Ramon              (19)                2               (7)               (2)
AssetMark Financial Holdings  Concord                (3)                7                2                6
Cerus Corp  Concord              (15)             (18)             (16)             (19)
Central Garden & Pet Company  Walnut Creek               90              61              56              54
Baycom Corp  Walnut Creek                 4                3                4                7
Bio-Rad Laboratories  Hercules          1,246            770            899         1,127
Total all 8 Contra Costa County Cos        (9,228)         6,887         5,091         5,259
… % Change From Prior Year Quarter -234% -3%
Total all 53 San Francisco East Bay Cos         (7,902)         8,438         5,728         6,694
… % Change From Prior Year Quarter -194% -14%