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0.00165642299812561 0.00174360315592174 0.000457695828429529 0.000141667756418758 -0.000108975197245132 -0.00431541781090615 -0.00749749357046336 -0.00780262412274963
Stock impact report

Science Applications (SAIC) Q1 Earnings Miss, Shares Fall 12% [Yahoo! Finance]

AppFolio, Inc. - Class A (APPF) 
Last appfolio, inc. - class a earnings: 3/2 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company reported first-quarter adjusted earnings of $1.92 per share, which missed the Zacks Consensus Estimate by a penny. The bottom line decreased 20% year over year due to a decline in revenues, increased internal investment and program performance milestones being weighted to the second half of the year. This was partially offset by a lower tax rate and a roughly 5% reduction in the weighted average share count. Revenues declined 9% year over year to $1.85 billion but surpassed the consensus mark of $1.84 billion. The year-over-year decrease was due to the sale of the logistics and supply chain management division. The downside was partially offset by a ramp-up in existing and new contracts. Nevertheless, the top line increased 0.4% when adjusted for the impact of the logistics and supply chain management division's divestiture. Adjusted EBITDA was $166 million, down 12% year over year. The adjusted EBITDA margin contracted 30 basis points (bps) on a year-over-year basis Show less Read more
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