AppFolio revenue up 32 percent but earnings below analyst predictions

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AppFolio revenue up 32 percent but earnings below analyst predictions

By Staff Report / Monday, October 29th, 2018 / Comments Off on AppFolio revenue up 32 percent but earnings below analyst predictions

AppFolio announced a 32 percent gain in its revenue Oct. 29 and increased its full-year outlook for the second consecutive quarter but, at 16 cents per share, earnings missed analyst predictions of 21 cents. Net income reached $5.5 million for the Goleta property management software firm, up 50 percent from the previous second quarter, on…

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