AppFolio Inc. (APPF): Insider Buying Worth Around $5.65 Million!
Reading Time: 2 minutes
AppFolio, a leading provider of cloud-based software solutions for the real estate industry, presented its report for the first quarter on April 24. According to the report, revenue increased by 16% year-over-year to $218 million. At the same time, the number of managed units grew by 6% to now 8.8 million. Although the GAAP operating margin decreased from 18.2% last year to 15.5%, the continued stable profitability underscores that AppFolio is successfully balancing investments in the future with short-term profitability. The Non-GAAP operating...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
