APPF - AppFolio Non-GAAP EPS of $0.03 beats by $0.11 revenue of $117.45M beats by $1.41M
- AppFolio press release ( NASDAQ: APPF ): Q2 Non-GAAP EPS of $0.03 beats by $0.11 .
- Revenue of $117.45M (+31.9% Y/Y) beats by $1.41M .
- Total units on the AppFolio Property Manager platform increased to approximately 6.8 million in the second quarter of 2022 from approximately 5.8 million at the end of the second quarter of 2021.
- Cash, cash equivalents and investment securities were $168.0 million as of June 30, 2022.
- Outlook: Full year revenue is expected to be in the range of $455 million to $461 million.
- Full year non-GAAP operating margin as a percentage of revenue is expected to be in line with prior guidance and lower than in 2021.
- Weighted average shares outstanding are expected to be approximately 35 million for the full year.
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AppFolio Non-GAAP EPS of $0.03 beats by $0.11, revenue of $117.45M beats by $1.41M