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AppFolio: 3Q Earnings Snapshot

SANTA BARBARA, Calif. (AP) _ AppFolio Inc. (APPF) on Monday reported third-quarter earnings of $5.5 million.

The Santa Barbara, California-based company said it had profit of 16 cents per share. Earnings, adjusted for stock option expense, came to 20 cents per share.

The property management software maker posted revenue of $50.1 million in the period.

AppFolio expects full-year revenue in the range of $187 million to $188 million.

AppFolio shares have climbed 44 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $59.81, a climb of 29 percent 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