AppFolio (NASDAQ:APPF) reported quarterly losses of $(0.04) per share which missed the analyst consensus estimate of $(0.02) by 100 percent. This is a 300 percent decrease over losses of $(0.01) per share from the same
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $0.11 per share on revenue of $215.14 million.
Insider buying can be an encouraging signal for potential investors, especially when markets are uncertain or near highs.
The initial public offering of a SPAC merger prompted some insider purchases.
The chief executive officer of a financial services outfit was among the week's notable buyers.
According to Benzinga Pro, during Q2, AppFolio (NASDAQ:APPF) earned $1.15 million, a 120.22% increase from the preceding quarter. AppFolio also posted a total of $89.04 million in sales, a 12.82% increase since Q1.
Shares of AppFolio (NASDAQ:APPF) were flat in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 88.89% year over year to $0.06, which missed the estimate of $0.10.