Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has AppFolio (APPF) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.AppFolio is a member of the Computer and Technology sector. This group includes 619 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector R ...

Core Insights - AppFolio concluded its FUTURE: The Real Estate Conference, showcasing innovations in property management and announcing the general availability of its generative AI capabilities, AppFolio Realm-X [1][8] - The conference attracted nearly 2,000 attendees, featuring keynotes from notable speakers and emphasizing the importance of innovation in the real estate industry [8][9] AppFolio Realm-X - Realm-X's AI solutions have significantly improved property management efficiency, with users saving over 10 hours per week on routine tasks [2] - In the last 30 days, Realm-X generated almost half a million messages, saving an average of 26 seconds per message compared to traditional methods, equating to three full work weeks annually [2] - Realm-X includes features like Assistant for ad hoc tasks, Messages for streamlined communication, and Flows for workflow automation [2][3] FolioSpace - AppFolio introduced FolioSpace™, enhancing the resident experience by providing a unified platform for property managers and residents throughout the entire resident journey [4] Additional Innovations - New product innovations were unveiled to streamline property management operations, including Bill Approval Flows for customizable workflows and Smart Maintenance Billing for improved profitability [5][6] - The Modern Reports Interface allows for easier customization and analysis of data reports, while Document Verification and ID Verification enhance security measures [7] Conference Highlights - The conference featured transformative keynotes and training sessions, highlighting the collaboration between AppFolio and industry leaders to shape the future of real estate [9]

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...

I am an investment analyst doing one deep dive every month. I graduated from Cornell University with my MBA and worked on the buy-side following my graduation. I am also a CFA and FRM charterholder. ...

I gave a buy rating to AppFolio (NASDAQ: APPF ) in July, with my key thesis being that there is a long runway of growth ahead, and APPF can continue to capture demand because of the strong valueI'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a discount to their ...

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 ...