Appfolio doing well even as it loses more money
IN THIS ARTICLE
- Earnings Topic
- Philip Joens Author
By Philip Joens Friday, August 14th, 2015
Appfolio’s stock rose quickly after its initial public offering on June 26 but reality set in after it released its second quarter earnings on Aug. 6. Goleta-based Appfolio still has work to do. The maker of property management software for small to medium-sized real estate managers lost $3.4 million during the second quarter. Revenues were…