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Appfolio doing well even as it loses more money

By   /   Friday, August 14th, 2015  /   Comments Off on Appfolio doing well even as it loses more money

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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…

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