AppFolio (APPF) Misses Q2 EPS by 6c; Guides FY15 Revenue Ahead of Views

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AppFolio, Inc. Announces Second Quarter 2015 Financial Results

August 6, 2015 4:15 PM EDT

SANTA BARBARA, Calif., Aug. 6, 2015 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF), a leading provider of cloud-based business software solutions, today announced results for its second quarter ended June 30, 2015.

Second Quarter 2015 Highlights

Quarterly revenue of $18.4 million, up 59% year-over-year GAAP net loss of $3.4 million and Non-GAAP net loss of $3.2 million Increased property manager customers 43% year-over-year to 7,016 and 1.9 million units under management Increased law firm customers 81% year-over-year to 4,891 Completed the acquisition of RentLinx to expand the Value+ services offered to our property management customers... More

AppFolio, Inc. Announces Second Quarter 2015 Financial Results

August 6, 2015 4:15 PM EDT

SANTA BARBARA, Calif., Aug. 6, 2015 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF), a leading provider of cloud-based business software solutions, today announced results for its second quarter ended June 30, 2015.

Second Quarter 2015 Highlights

Quarterly revenue of $18.4 million, up 59% year-over-year GAAP net loss of $3.4 million and Non-GAAP net loss of $3.2 million Increased property manager customers 43% year-over-year to 7,016 and 1.9 million units under management Increased law firm customers 81% year-over-year to 4,891 Completed the acquisition of RentLinx to expand the Value+ services offered to our property management customers... More