RealPage shows more optimism as COVID19 brings change

Dallas Business Journal (August 6, 2020) -- A Richardson company's executives – even in the face of COVID-19 – are getting a little more hopeful about the rest of the year.

Richardson-based RealPage Inc., a software company servicing the apartment industry, is raising its sales outlook in 2020 as demand surged. The company also reported revenue jumped more than expected in the second quarter.

“Numbers were exceptionally good relative to guidance because the impact of COVID-19 was not as impactful as we had feared,” CEO Steve Winn said during a call with analysts.

Winn is investing in digital tools that help apartment managers handle operations even as the pandemic limits how they’ve traditionally interacted with their tenants. The shake-up of the past several months is encouraging RealPage customers to embrace more technology options.

Read more at: Dallas Business Journal