Loading...
•
Jun 30, 2021
Appfolio Q2 2021 Earnings Report
AppFolio's financial performance improved with increased revenue and net income.
Key Takeaways
AppFolio reported an increase in revenue to $89.04 million and net income of $2.021 million for the second quarter ended June 30, 2021.
Revenue increased to $89.04 million compared to $81.043 million in the same quarter last year.
Net income was $2.021 million, a decrease compared to $19.257 million in the same quarter last year.
Basic net income per share was $0.06.
Diluted net income per share was $0.06.
Forward Guidance
AppFolio's outlook for fiscal year 2021 includes revenue expectations and diluted weighted average shares.
Positive Outlook
- Full year revenue is expected to be in the range of $350 million to $355 million.
Challenges Ahead
- Diluted weighted average shares are expected to be approximately 36 million for the full year.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...