Earnings release
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AppFolio , Inc. Announces First Quarter 2021 Financial Results ir.appfolioinc.com/investor-relations/news-and-events/news-releases/press-release-details/2021/AppFolio-Inc. Announces - First - Quarter - 2021 - Financial - Results / May 10 , 2021 SANTA BARBARA , Calif . , May 10 , 2021 ( GLOBE NEWSWIRE ) AppFolio , Inc. ( NASDAQ : APPF ) ( " AppFolio " or the " Company " ) , a leading provider of cloud - based business software solutions , services , and data analytics to the real estate market , today announced its financial results for the first quarter ended March 31 , 2021 . AppFolio's operating results for the first quarter of 2021 are summarized in the tables accompanying this press release . The Company nevertheless urges investors to read its Annual Report on Form 10 - K , which was filed with the Securities and Exchange Commission ( the " SEC " ) on March 1 , 2021 , as well as its more detailed first quarter 2021 results that will be included in the Company's Quarterly Report on Form 10 - Q , which will be filed with the SEC today . These periodic report filings , together with other documents the Company files with the SEC from time to time , will be accessible on AppFolio's website , http://ir.appfolioinc.com . The limited information that follows in this press release is not adequate for making an informed investment judgment . Financial Outlook Based on information available as of May 10 , 2021 , AppFolio's outlook for fiscal year 2021 follows : • Full year revenue is expected to be in the range of $ 348 million to $ 355 million . • Diluted weighted average shares are expected to be approximately 36 million for the full year . Executive Management Transition AppFolio announced that its Chief Financial Officer , Ida Kane , has notified its Board of Directors of her plans to depart the Company . Ms. Kane will remain in her current position until a mutually determined future date . The Company is initiating a search for her successor and all parties are committed to ensuring a smooth transition . Conference Call Information As previously announced , the Company will host a conference call today , May 10 , 2021 , at 1:30 p.m. Pacific Time , 4:30 p.m. Eastern Time , to discuss its financial results . Participants who wish to dial into the conference call please register in advance at http://www.directeventreg.com/registration/event/6585354 . After registering , a confirmation email will be sent , including dial - in details and a unique code for entry . Registration will be open through the start of the live call . 1/8