AppFolio reports Q4 EPS 83c, consensus 72c

Reports Q4 revenue $171.83M, consensus $162.71M. Total units under management grew 13%. “I am pleased to announce a successful fourth quarter that caps off a year in which AppFolio increased the pace of innovation while prioritizing profitable growth,” said Shane Trigg, President and CEO, AppFolio. “Through our disciplined investments, relentless focus on our customers, passion to deliver industry-leading innovation, and great people and culture, we are truly building the platform where the real estate industry comes to do business.”