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AppFolio: 3Q Earnings Snapshot

SANTA BARBARA, Calif. (AP) _ AppFolio Inc. (APPF) on Monday reported third-quarter earnings of $5 million.

The Santa Barbara, California-based company said it had profit of 14 cents per share.

The property management software maker posted revenue of $67.9 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $67.1 million.

AppFolio expects full-year revenue in the range of $254.5 million to $255.5 million.

AppFolio shares have risen 56% since the beginning of the year. In the final minutes of trading on Monday, shares hit $92.13, a climb of 58% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APPF at https://www.zacks.com/ap/APPF