The stock market continues to be quite nervous near all-time highs, but there are a few growth stocks that balance growth and high-quality profitability scaling that can still be bought and held for years to come. And even amid jitters With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contri ...

Table of Contents Title of each class Trading Symbol Name of each exchange on which registered Class A common stock, $0.0001 par value APPF NASDAQ Global Market Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐Smaller reporting company☐ Emerging growth company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2 ...

AppFolio (APPF) reported $205.73 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 24.4%. EPS of $1.30 for the same period compares to $0.59 a year ago.The reported revenue represents a surprise of +3.63% over the Zacks Consensus Estimate of $198.52 million. With the consensus EPS estimate being $1.02, the EPS surprise was +27.45%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

Financial Data and Key Metrics - Revenue increased 24% year-over-year to $206 million in Q3 2024 [5] - Non-GAAP operating margin expanded to 29% in Q3 2024 [5] - Non-GAAP free cash flow margin grew to 27% in Q3 2024 [5] - Core solutions revenue was $46 million in Q3, a 15.8% year-over-year increase [14] - Value-added services revenue grew 28% year-over-year to $158 million in Q3 [15] - Managed approximately 8.5 million units from 20,403 customers, a 5% increase in customers and a 9% increase in ending units compared to the previous year [15] - Non-GAAP operating margin grew to 28.7% compared to 16.1% last year [18] - Free cash flow margin was 27.1% compared to 20.3% in Q3 2023 [18] - Strong cash and investment position of $331 million at the end of the quarter [18] Business Line Data and Key Metrics - Core solutions revenue driven by new customers and additional total units on platform [14] - Growth in adoption of AppFolio Property Manager Plus and Max [14] - Value-added services growth primarily from higher usage of the online payments platform and the decision to stop waiving eCheck fees in August 2023 [15] - Risk mitigation and screening services grew in line with seasonal expectations [15] Market Data and Key Metrics - The company continues to emphasize residential portfolios, with a 9% increase in ending units [15] - Demand for screening services and risk mitigation products is seasonally higher in Q2 and Q3 [17] Company Strategy and Industry Competition - Focus on innovation, including the launch of FolioSpace, a next-generation resident experience [6] - Acquisition of LiveEasy to accelerate potential in the resident industry segment [7] - Embracing generative AI technology with the release of Realm-X Assistant and messages [8] - Unlocking upmarket customers by extending the value of the platform to scale with complex operations [10] - Expanding coverage of property types, including affordable housing [11] - Launching new anti-fraud solutions like document verification and ID verification [12] - Onboarding Marcy Campbell as the new Chief Revenue Officer to optimize the customer journey and strengthen go-to-market capabilities [12] Management Commentary on Operating Environment and Future Outlook - The company is raising its projected full-year revenue guidance to $786 million to $790 million, implying an annual growth rate of 27% [18] - Updated guidance reflects expectations for continued customer upgrades to premium product tiers and adoption of value-added services [18] - Non-GAAP operating margin guidance raised to 24.5% to 25.5% for the full year [19] - Free cash flow margin guidance remains 22% to 24% [19] - Expects a decline in operating margin in Q4 due to seasonal patterns and increased investments [20] Other Important Information - Fay Sien Goon, CFO, is leaving the company, and Tim Eaton will assume the role of interim CFO [13] - The company is conducting an extensive and inclusive search for a new CFO [13] Q&A Session Summary - No specific Q&A session details were provided in the content

AppFolio (APPF) came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.45%. A quarter ago, it was expected that this property management software maker would post earnings of $0.92 per share when it actually produced earnings of $1.12, delivering a surprise of 21.74%.Over the last four qu ...

EXECUTION VERSION AGREEMENT AND PLAN OF MERGER by and among APPFOLIO, INC., LILAC MERGER SUB, INC., MOVE EZ, INC., and | --- | --- | |-------------|-----------------------------------------------------------| | | | | | | | | WT REPRESENTATIVE LLC as the Equityholder Representative, | | dated as of | | | | October 22, 2024 | TABLE OF CONTENTS Page ARTICLE I DEFINITIONS Section 1.01 Defined Terms Section 1.02 Other Defined Terms ARTICLE II THE MERGER. The Merger. Section 2.01 Treatment of Company Stock . Sect ...

FolioSpace gives AppFolio property management customers new ways to deliver exceptional value and experiences to their residents AppFolio acquires LiveEasy to integrate convenient moving and home services into FolioSpace SANTA BARBARA, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ: APPF), the technology leader powering the future of the real estate industry, today unveiled FolioSpace™, a next-generation resident experience that redefines how property managers and renters connect throughout the ...

AppFolio (APPF) closed the latest trading day at $226.53, indicating a +0.11% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.77% for the day. Meanwhile, the Dow experienced a rise of 0.47%, and the technology-dominated Nasdaq saw an increase of 0.87%.The property management software maker's shares have seen an increase of 0.19% over the last month, not keeping up with the Computer and Technology sector's gain of 6.36% and the S&P 500's gain of 4.87% ...

AppFolio (APPF) closed at $223.31 in the latest trading session, marking a -1.68% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.96%. Elsewhere, the Dow lost 0.94%, while the tech-heavy Nasdaq lost 1.18%.The the stock of property management software maker has risen by 1.88% in the past month, lagging the Computer and Technology sector's gain of 7.35% and the S&P 500's gain of 4.3%.Analysts and investors alike will be keeping a close eye on the performance of AppFolio ...

The most recent trading session ended with AppFolio (APPF) standing at $235.40, reflecting a +0.37% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.42%. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw an increase of 0.38%.Coming into today, shares of the property management software maker had gained 1.1% in the past month. In that same time, the Computer and Technology sector gained 1.78%, while the S&P ...