AppFolio beats revenue estimates but misses on loss per share
AppFolio beat revenue estimates but slightly missed net-loss-per-share estimates when it reported first quarter earnings results May 9. AppFolio, a Goleta-based developer of property management software for small-to-medium sized property managers, posted revenues of $23.2 million during the first quarter, up from $15.8 million in 2015 and slightly trumping analysts’ estimates of $22.23 million, according Read More →
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Launching IPOs in 2016 won’t be easy
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Read More →Panel gives IPO advice at MIT Enterprise Forum
Regional entrepreneurs packed the latest MIT Enterprise Forum of the Coast on March 16 to hear advice about initial public offerings. Lise Buyer, principal of Portola Valley-based Class V Group, served as the keynote speaker. Also on the panel were AppFolio Chief Financial Officer Ida Kane, Inogen CFO Ali Bauerlein and Rincon Venture Partners Managing Read More →
Read More →Tri-county entrepreneurs say tech bubble building
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Read More →AppFolio revenue up in 2015 but so were losses
AppFolio had another strong year but losses nearly doubled as the company expanded in 2015. Goleta-based AppFolio, which makes property management software for small- to medium-sized businesses, released fourth quarter earnings and 2015 earnings results after markets closed Feb. 22. Yearly revenue increased 57 percent in 2015 to about $75 million. Fourth quarter revenues also Read More →
Read More →Here’s how to navigate stock market meltdown
Markets are quirky things. They sail along for a while and then wham, turbulence arrives. Twice in the past six months we’ve seen two market meltdowns — the latest put the U.S. indices deep into correction territory. My own takeaway is that we are not in the middle of a full-blown financial crisis; there’s been Read More →
Read More →AppFolio, MindBody must become profitable
AppFolio and MindBody went through growing pains in 2015, spending more money than they earned. Now, 2016 needs to be the year of profitability. On one hand, AppFolio and MindBody successfully transitioned from promising young startups into growing young companies in 2015. As we head into 2016, though, both companies have yet to answer how Read More →
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