November 28, 2022
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AppFolio shares drop after report of Q1 losses

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AppFolio reported revenue growth for the first quarter of 2022 compared to a year ago, but its losses grew as well as the Goleta-based property management software company spent more in nearly every expense category. AppFolio, which released its earnings after the markets closed May 9, saw revenue increase 33% year-over-year to reach $105.3 million…

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