AppFolio's first quarter revenue up but earnings down

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AppFolio’s first quarter revenue up but earnings down

By Staff Report / Monday, May 4th, 2020 / Comments Off on AppFolio’s first quarter revenue up but earnings down

Earnings dipped for Goleta-based property management software maker AppFolio but revenue jumped 27 percent in the first quarter and the financial results hit average analyst estimates. Revenue for the company rose to $72.5 million but earnings fell by nearly half to $1.98 million, or 6 cents per share. While government restrictions on the industry created…

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