Appfolio doing well even as it loses more money

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Appfolio doing well even as it loses more money

By Philip Joens / Friday, August 14th, 2015 / Comments Off on Appfolio doing well even as it loses more money

Appfolio’s stock rose quickly after its initial public offering on June 26 but reality set in after it released its second quarter earnings on Aug. 6. Goleta-based Appfolio still has work to do. The maker of property management software for small to medium-sized real estate managers lost $3.4 million during the second quarter. Revenues were…

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