💨 Abstract

AppFolio Inc., a property management software company based in Santa Barbara, California, reported a net income of $31.4 million for the first quarter, with earnings per share of $1.21. These figures fell short of Wall Street expectations. The company's revenue for the period was $217.7 million, also below forecasts. Despite a 5% decline since the start of the year, shares ended Thursday at $234.65

Courtesy: wtop.com

Summarized by Einstein Beta 🤖