AppFolio: 4Q Earnings Snapshot

·1 min read

SANTA BARBARA, Calif. (AP) _ AppFolio Inc. (APPF) on Monday reported a fourth-quarter loss of $513,000, after reporting a profit in the same period a year earlier.

The Santa Barbara, California-based company said it had a loss of 1 cent per share.

The property management software maker posted revenue of $72.4 million in the period.

For the year, the company reported profit of $158.4 million, or $4.44 per share. Revenue was reported as $310.1 million.

AppFolio shares have decreased 10% since the beginning of the year. In the final minutes of trading on Monday, shares hit $161.97, a rise of 37% in the last 12 months.


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