Appfolio Q3 2021 Earnings Report
Key Takeaways
AppFolio reported its Q3 2021 financial results, showing a revenue increase to $95.81 million compared to $84.09 million in Q3 2020. However, the company experienced a net loss of $0.14 million, a stark contrast to the net income of $137.68 million in the same quarter last year.
Revenue increased to $95.81 million from $84.09 million year-over-year.
Net loss was $0.14 million, compared to a net income of $137.68 million in the same quarter last year.
Basic net loss per common share was $0.00, while diluted net loss per common share was also $0.00.
The company's full-year revenue is expected to be in the range of $355 million to $357 million.
Appfolio
Appfolio
Forward Guidance
AppFolio anticipates full-year revenue to be between $355 million and $357 million and expects approximately 36 million diluted weighted average shares for the full year.