Earnings / Software
AppFolio revenue rises 19% year over year to $296 million as GAAP operating margin reaches 19.4%
GAAP operating income grew 64% to $57 million, or 19.4% of revenue, from 14.1% a year earlier; non-GAAP operating income rose 38% to $81 million, or 27.3%, and the full-year revenue range now starts at $1.122 billion.