APPF - AppFolio Non-GAAP EPS of -$0.01 beats by $0.04 revenue of $136.1M beats by $5.26M
2023-04-27 16:39:17 ET
- AppFolio press release ( NASDAQ: APPF ): Q1 Non-GAAP EPS of -$0.01 beats by $0.04 .
- Revenue of $136.1M (+29.2% Y/Y) beats by $5.26M .
- Units Served: Total units on the AppFolio Property Manager platform increased to approximately 7.5 million in the first quarter of 2023 from approximately 6.6 million at the end of the first quarter of 2022.
- 2023 Outlook: Full year revenue is expected to be in the range of $570 million to $580 million.
- Full year non-GAAP operating margin as a percentage of revenue is expected to be in the range of 1% to 2%.
- Full year non-GAAP free cash flow margin as a percentage of revenue is expected to be in the range of 2.5% to 3.5%.
- Weighted average shares outstanding are expected to be approximately 36 million for the full year.
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AppFolio Non-GAAP EPS of -$0.01 beats by $0.04, revenue of $136.1M beats by $5.26M