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Why AppFolio Stock Soared Today
The Motley Fool· 2024-04-26 20:24
The real estate management software company is doing far better than most investors expected it to do.Headed into Thursday's post-close release of its first-quarter results, investors appeared afraid to own AppFolio (APPF 12.05%). As it turns out, however, that fear wasn't merited. The company handily topped its revenue and earnings estimates, sending the stock more than 11% higher on Friday. Indeed, at one point, shares were up to the tune of 19%. Even with the intraday pullback, AppFolio logged an impress ...
AppFolio(APPF) - 2024 Q1 - Quarterly Report
2024-04-25 23:57
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 March 31, 2024. ...
AppFolio(APPF) - 2024 Q1 - Earnings Call Transcript
2024-04-25 23:46
AppFolio, Inc. (NASDAQ:APPF) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Lori Barker - Investor Relations Shane Trigg - President & Chief Executive Officer Fay Sien Goon - Chief Financial Officer Conference Call Participants Operator Good afternoon. Thank you for standing by and welcome to the AppFolio's First Quarter 2024 Financial Results Conference Call. Please be advised that today's conference is being recorded and a replay will be available on AppFolio's Investor Re ...
AppFolio (APPF) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-04-25 22:46
AppFolio (APPF) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this property management software maker would post earnings of $0.71 per share when it actually produced earnings of $0.88, delivering a surprise of 23.94%.Over the last four quarters, ...
AppFolio(APPF) - 2024 Q1 - Quarterly Results
2024-04-25 20:17
AppFolio, Inc. Announces First Quarter 2024 Financial Results Q1 revenue grew 38%; profitability continued to expand SANTA BARBARA, Calif., April 25, 2024 -- AppFolio, Inc. (NASDAQ: APPF) ("AppFolio" or the "Company"), a technology leader powering the future of the real estate industry, today announced its financial results for the first quarter ended March 31, 2024. "AppFolio's first quarter results highlight our ongoing commitment to delivering industry-leading innovation and exceptional service for our c ...
Watch These 6 Internet Stocks for Q1 Earnings: Beat or Miss?
Zacks Investment Research· 2024-04-24 14:21
Internet companies are likely to have witnessed robust financial performance as they continue to benefit from the increased demand for solutions that support enterprises’ digital transformation initiatives. These companies are also gaining from the solid demand for digital offerings, as well as the increasing importance of video content and cloud-based applications.For internet software solution providers, growth prospects are alluring, primarily owing to the rapid adoption of software-as-a-service (SaaS), ...
AppFolio (APPF) to Report Q1 Earnings: What's in the Offing?
Zacks Investment Research· 2024-04-22 14:36
AppFolio (APPF) , a leading provider of cloud-based software solutions for property management and legal industries, is scheduled to report first-quarter 2024 results on Apr 24.For the first quarter of 2024, the Zacks Consensus Estimate for revenues is pegged at $175.5 million, which suggests growth of approximately 29% from the year-ago quarter. The consensus mark for non-GAAP earnings is pegged at 84 cents per share, unchanged over the past 60 days. The figure indicates a robust improvement from the year- ...
Has AppFolio (APPF) Outpaced Other Computer and Technology Stocks This Year?
Zacks Investment Research· 2024-04-01 14:46
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is AppFolio (APPF) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.AppFolio is a member of our Computer and Technology group, which includes 619 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measu ...
Rising Stars: 3 Under-the-Radar Stocks Set for Mind-Blowing Growth in 2024
InvestorPlace· 2024-02-02 20:26
As we enter 2024, the market is fully valued with the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) at high trailing earnings. Thus, identifying growth opportunities becomes increasingly compelling. Below, we will introduce three under-the-radar stocks in 2024 poised for mind-blowing growth.These “rising stars” are not your typical headline dominators like the Magnificent Seven stocks. Instead, they are companies that have been quietly and diligently building their foundations. They are innovating in their markets ...
Why You Shouldn't Bet Against AppFolio (APPF) Stock
Zacks Investment Research· 2024-02-01 14:50
One stock that might be an intriguing choice for investors right now is AppFolio, Inc. (APPF) . This is because this security in the Internet - Software space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Internet ...