AppFolio (APPF) Tops Q3 EPS by 4c

Go back to AppFolio (APPF) Tops Q3 EPS by 4c

AppFolio, Inc. Announces Third Quarter 2015 Financial Results

November 9, 2015 4:15 PM EST

SANTA BARBARA, Calif., Nov. 09, 2015 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF), a leading provider of cloud-based business software solutions, today announced results for the third quarter ended September 30, 2015.

Third Quarter 2015 Highlights

Revenue was $20.3 million, an increase of 56% period-over-periodGAAP net loss was $4.8 million or a net loss of $0.14 per share and Non-GAAP net loss was $4.5 million, or a net loss of $0.13 per shareIncreased property manager customers 42% year-over-year to 7,561 and 2.0 million units under managementIncreased law firm customers 74% year-over-year to 5,566

We are pleased... More