& #8226; Reliance Steel & Aluminum Co.

, an L.A.-based metals distributor, reported net income of $49 million ($1.48 per diluted share) for the second quarter ended June 30, compared with $52.8 million ($1.62) for the like period a year earlier. Revenue rose to $816.3 million from $760.8 million in the comparable period of the prior year.


The company said it expects third-quarter earnings in the range of $1.20 to $1.30 a share.


& #8226; Ixia , a Calabasas-based IP network testing solutions company, reported net income of $9.77 million (14 cents per diluted share) for the second quarter ended June 30, compared with $3.5 million (6 cents) for the like period a year earlier. Revenue rose to 41.3 million from $26.8 million in the comparable period of the prior year.


Ixia's second quarter included a charge of $1.2 million related to acquired assets and an income tax benefit of $1.2. Without these items, net income for the second quarter was $9.75 million (14 cents per diluted share), compared to $4.2 million (7 cents) for the like period a year earlier.


& #8226; Stamps.com Inc. , an L.A.-based Internet-based postage company, reported net income of $2.1 million (9 cents per diluted share) for the second quarter ended June 30, compared with a loss of $2.3 million (10 cents) for the like period a year earlier. Revenue rose to 14.2 million from $8.2 million in the comparable period of the prior year.


The company said it expects third-quarter revenue of approximately $14.5 million and net income of around 8 cents per diluted share. For the full year, Stamps.com anticipates revenue of approximately $57 million and net income of around 34 cents per diluted share.


& #8226; Hanmi Financial Corp. , the L.A.-based holding company for Hanmi Bank, reported net income of $15 million (30 cents per diluted share) for the second quarter ended June 30, compared with $7.5 million (18 cents) for the like period a year earlier.


Hanmi Financial's total assets grew to $3.3 billion from $3.1 billion in the year-ago period. The company had a provision for credit losses of $450,000, down from $850,000 in the comparable period of 2004.


& #8226; Wilshire Bancorp Inc. , the L.A.-based holding company for Wilshire State Bank, reported net income of $6.8 million (23 cents per diluted share) for the second quarter ended June 30, compared with $4.8 million (17 cents) for the like period a year earlier.


Wilshire Bancorp's total assets grew to $1.5 billion from $1.3 billion in the year-ago period. Net interest income climbed 57 percent to $15 million. The company had a provision for loan losses of $720,000, up from $670,000 in the comparable period of 2004.

& #8226; Cathay General Bancorp , the L.A.-based holding company for Cathay Bank, reported net income of $25.7 million (51 cents per diluted share) for the second quarter ended June 30, compared with $22.1 million (44 cents) for the like period a year earlier.


Cathay General's total assets grew to $6.07 billion from $6.1 billion at the end of 2004. Net interest income climbed 14 percent to $59.7 million. The company had a negative provision for loan losses of $500,000 and no provision for loan losses in the comparable period of 2004.


& #8226; PFF Bancorp Inc. , the Pomona-based holding company for PFF Bank, reported net income of $12.4 million (49 cents per diluted share) for the second quarter ended June 30, compared with $10.8 million (43 cents) for the like period a year earlier.


PFF Bancorp's total assets grew to $4 billion from $3.9 billion on March 31. Net interest income climbed to $39.6 million from $35.9 million a year earlier. The company had no provision for loan losses in the second quarter and a provision of $524,000 in the comparable period of 2004.

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