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Stock impact report

AppFolio Boosts Guidance After Another Solid Quarter [The Motley Fool]

AppFolio, Inc. - Class A (APPF) 
Last appfolio, inc. - class a earnings: 3/2 04:10 pm Check Earnings Report
Company Research Source: The Motley Fool
Operating leverage continues to drive triple-digit profit growth for this provider of small-business software. Brian Feroldi ( TMFTypeoh ) Jul 31, 2018 at 8:05PM AppFolio ( NASDAQ:APPF )  released its second-quarter earnings report on Monday, and the cloud-based software provider reported double-digit growth in its customer count and higher spending rates among those already using the platform. The combination helped drive a 31% gain in revenue and triple-digit growth on the bottom line. Let's look at the results to find out what's next for this fast-growing business. Image source: AppFolio. AppFolio Q2 results: The raw numbers Metric Q2 2018 Q2 2017 Year-Over-Year Change Sales $47.2 million $35.9 million 31% GAAP net income $7.5 million $2.8 million 168% GAAP Show less Read more
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