call AppFolio's results. today Thank joining and quarter on year fiscal financial to everyone second for XXXX of welcome the us you, Erica,
their financial thank highlights professionalism families quarter, over X,XXX on started I difficult during and to these moment for employees our to and times. take dedication Before a I the for get the wanted their
products and AppFolians commitment business. we support are Our the are belief. success current people has our to only to have customers, our environment their of remained and of our believe heart services excellent culture on and We providing innovative the and developing amplified and that our focused proud
the including net second $XX.X revenue reported income and and is non-cash to that a in Turning numbers, attributable total million, share $XX to or of diluted included to an expense during we benefit research million tax results tax are $X.XX $XX.X credits year-over-year. income results the compensation. increase of stock-based the development related charges for million which follow second compensation our tax per forecasted in benefit million stock-based pre-tax quarter, GAAP was for the $X.X Also XX% associated with our quarter quarter, year.
results, track For may those you calculating XX-Q Form that our details and own. was non-GAAP non-GAAP who find in on of your filed more results today you, includes helpful
resulting by of average from in difficulty] from core in customers. XX% number of management, management units the XX% solutions property $XX.X property average quarter a a driven the revenue primarily million Second management growth number under to grew [technical growth
vertical, recent use majority and quarter we indirectly driven services and in ago. of tenant customers, million and payment increased also compared million increase customers management under X.XX legal our from managing services, managers, $XX.X one-year XX,XXX an X.X owners transacted XX,XXX quarter one-year year-over-year, of customers more property units insurance residents, our the demand screening the most XX% ended We business in property reported Plus was Plus electronic by XX,XXX and customers, screening [technical property experienced real and the comes estate directly reported a Second customers services revenue online. our Value million, second to during with and units primarily aggregate increase portfolios as difficulty] manager quarter our services services XX,XXX from services of up In customers the Value ago. manager
enabled grow, digital need especially transformation solutions businesses that to Our many today. a software
While continue. we continue we have see earnings and the encouraged to seen extent related demand the demand call, is trends are dynamic of the since we which last be and remainder the our by to believe unclear We some to year our product offerings. recent service it will variability continue will the to
and year-over-year Turning a second operating costs the in increased quarter total XX% now GAAP increase on expenses for compared an overall to expenses, XX% basis revenue. total to
year-over-year is recorded costs our be available related our cost value in as and XXXX. we program, additional offerings in previously disclosed the administrative programs related could service. will We offset out revenue of [technical a This in tenant $X to the or in shareholder and XX% estimate on Included to believe of revenue an this investigation third-party value. this we related incentive million during Included million online general plus to is is reasonable FTC cost settlement headcount payments. related believe arising the $X.XX to difficulty] based [technical of us. to expense for increase long-term an Under in information eligible screening potential currently providers positively quarter. into service to was year-over-year Our growth from expense primarily difficulty] to intended customers support second new to impact
For commitments additional can information, refer our and to contingencies financial you statements. X in Note
remote the extended year. at end we this During of the timeframe quarter, fiscal through least workplace our
nonessential working the employees in significantly reduced remotely we while mentioned quarter have and call, both earnings running with I As associated our costs facilities, expenditures. first are our
In primarily headcount, those postponement investment online the Offsetting spend. business in-person progress. make continue events or addition, long-term marketing due second of in cost some will costs and cancellation to help and quarter, our is believe of the reduced which continued decreased we us to reductions promotion advertising in
an related performance-based accruals. estimates to performance We in adjustment saw $X.X annual expense million compensation increases also of to for
progress our could have long-term of as the in our types through investments variability then have impacts we of related expenses remote would we of employee work the history necessary and resulting the limited balance XXXX. a have to this, otherwise base and more We for expected of
Moving balance the QX. quarter equivalents with in our the in $XX.X our cash, from generated in quarter of million We to million operating million, sheet, we $XX.X drawdown closed revolving the first and facility $XX of Including the on of quarter amount with securities. investment XXXX debt. $XX.X million cash we total second activities ended approximately
completed Our to expenditures primary of of of headquarters our $X.X cash million Santa XXXX. substantially related the the second capital in the quarter uses quarter were was of Barbara during that build-out corporate in
pandemic connection our technology Despite caution and results, investment $X.X in also to cause and markets service uncertainty We with the the the serve proceed with continued generally positive development realized offering. of the we on capitalized on in quarterly software costs broader continue could COVID-XX economy. given million we
certainty of We and degree our the the of potential full results. are still financial business extent any unable impact pandemic to of the reasonable predict with on
As XXXX. a for fiscal full guidance year result, we are year not communicating revenue
We additional average continue With approximately that, share for to our for expect call count turn to be year the XX Jason I the over comments. weighted diluted to will million shares.
