AppFolio (APPF) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, AppFolio (APPF) closed at $231.99, marking a -0.06% move from the previous day.
3 Mid-Cap Internet Software Stocks to Buy for Stellar Returns
We have narrowed our search to three mid-cap Internet software stocks with strong potential for the rest of 2024. These are: TWLO, DAY, APPF.
AppFolio: Buy This Dip, Especially On The Back Of Strong Growth, FCF
AppFolio shares have dropped ~20% after reporting Q2 results despite a strong beat-and-raise quarter. The company's outlook for the remainder of FY24 still looks conservative with plenty of deceleration baked in, creating an opportunity for upside surprises as the year goes on. AppFolio continues to move upmarket with more sophisticated product offerings for larger multifamily property managers.
AppFolio's Strong Q2 Encourages Management to Raise Guidance
Revenue for Q2 2024 was $197.4 million, growing 34% year over year. AppFolio reported a GAAP operating income of $36 million, reversing an operating loss position from the previous year.
AppFolio (APPF) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for AppFolio (APPF) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
AppFolio (APPF) Tops Q2 Earnings and Revenue Estimates
AppFolio (APPF) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.23 per share a year ago.
What's in the Offing for AppFolio (APPF) This Earnings Season?
AppFolio's (APPF) Q2 revenues are likely to have benefited from a strong demand environment, targeted marketing efforts and a focus on product enhancement, while enhanced operational efficiency may have aided profitability.
Is AppFolio (APPF) Outperforming Other Computer and Technology Stocks This Year?
Here is how AppFolio (APPF) and Daktronics (DAKT) have performed compared to their sector so far this year.
AppFolio (APPF) Stock Sinks As Market Gains: Here's Why
AppFolio (APPF) reachead $247.96 at the closing of the latest trading day, reflecting a -0.37% change compared to its last close.
AppFolio: Addresses The Challenges Property Managers Face
APPF helps small and medium-sized property managers improve operational efficiency without high costs. The current environment with tight labor market and high mortgage rates supports robust growth for APPF. Large TAM sustains growth potential for APPF in the long term.
Why AppFolio (APPF) Outpaced the Stock Market Today
AppFolio (APPF) concluded the recent trading session at $239.70, signifying a +0.45% move from its prior day's close.
Top 5 Internet Software Stocks to Strengthen Your Portfolio
We have narrowed our search to five Internet software stocks with strong potential for the rest of 2024. These stocks are: DDOG, MNDY, SNAP, APPF, TOST.
