AppFolio second quarter revenues up, net loss down
AppFolio raised its financial outlook for the year as revenues increased sharply and losses narrowed in the second quarter, the company said Aug. 8. AppFolio, a Goleta-based developer of property management software for small- to medium-sized property managers, raised full-year financial-guidance estimates to a range between $103 million and $105 million Aug. 8. Previous estimates Read More →
Pacific Coast Business Times stock index yields big return
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Tri-county stocks fall after Britain votes to exit EU
Stock prices for many companies headquartered in the Tri-Counties fell June 24 as investors reacted to Britain’s vote to leave the European Union. Thousand Oaks-based biotech giant Amgen dropped $5.82 or 3.82 percent. Two other companies based in Thousand Oaks, Teledyne and Inphi, saw stock prices decline $5.72 or 5.66 percent and $3.44 or 10.52 Read More →
$130 million investment one of region’s biggest deals
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SEC warns firms about using non-GAAP numbers
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AppFolio beats revenue estimates but misses on loss per share
AppFolio beat revenue estimates but slightly missed net-loss-per-share estimates when it reported first quarter earnings results May 9. AppFolio, a Goleta-based developer of property management software for small-to-medium sized property managers, posted revenues of $23.2 million during the first quarter, up from $15.8 million in 2015 and slightly trumping analysts’ estimates of $22.23 million, according Read More →
Launching IPOs in 2016 won’t be easy
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