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AppFolio: 4Q Earnings Snapshot

SANTA BARBARA, Calif. (AP) _ AppFolio Inc. (APPF) on Monday reported fourth-quarter profit of $4.4 million.

The Santa Barbara, California-based company said it had net income of 12 cents per share.

The property management software maker posted revenue of $67.4 million in the period.

For the year, the company reported profit of $36.3 million, or $1.02 per share. Revenue was reported as $256 million.

AppFolio expects full-year revenue in the range of $312 million to $320 million.

AppFolio shares have climbed 12% since the beginning of the year. In the final minutes of trading on Monday, shares hit $123.44, a climb of 88% 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