ANGI Homeservices

Angi, Inc. is a holding company, which engages in the provision of digital marketplace for home services. It operates through the North America and Europe segments. It offers consumer services and professional services. The North America segment includes the operations HomeAdvisor, Angie's List, Handy, mHelpDesk, HomeStars and Fixd Repair. The Europe segment includes the operations of Travaux, MyHammer, MyBuilder, Werkspot, CraftJack and Instapro. The company was founded on April 13, 2017 and is headquartered in Denver, CO.

Earnings data Q1 2021

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ANGI Homeservices and Dotdash Meredith focus on growth strategies

ANGI Homeservices and Dotdash Meredith are focused on revenue scale, brand innovation, and margin scale despite challenges in Q4, aiming for stability and growth in 2023.
Both companies leverage AI for cost efficiency, prioritize SEO and SEM strategies, and are patient in evaluating M&A opportunities amidst market volatility and pricing trends.
Dotdash Meredith aims for traffic stabilization and growth, while Angi emphasizes service provider retention and revenue growth through simplified pricing and clear expectations.

ANGI Homeservices reports improved profitability and customer focus in Q1

ANGI Homeservices' Q1 2023 performance reflects a successful focus on profitability and customer experience.
Strengths lie in improved profitability, strategic investments in customer experience, and successful ventures like the MGM investment.
Challenges include strategic cost management, scaling marketing efforts effectively, and balancing short-term gains with long-term investments.
Opportunities exist in AI integration, expanding service categories, and building a healthier ecosystem of service professionals for sustained growth.

ANGI Homeservices prioritizes sustainable growth and AI integration for success

ANGI Homeservices and Dotdash Meredith show resilience and strategic focus on sustainable growth and revenue diversification.
AI integration and product innovation drive user engagement and experience enhancements, positioning the companies for future success.
Challenges like leadership changes and struggling properties are being addressed, with opportunities in subscriptions and advertising growth ahead.
Overall, Angi's emphasis on customer experience, AI utilization, and revenue strategies sets a positive trajectory for future performance.

ANGI Homeservices reports growth and marketplace evolution, secures key partnerships

ANGI Homeservices showcased growth and a marketplace evolution, addressing challenges in revenue softness and marketing costs while emphasizing user experience optimization.
Dotdash Meredith secured a significant partnership with Amazon DSP, countering revenue challenges and focusing on performance marketing trends for future growth.
Overall, the earnings call highlighted strategic shifts towards marketplace dynamics, customer-centric approaches, and valuable partnerships for sustained growth.

ANGI Homeservices and Dotdash report strong Q4 performance and growth opportunities

ANGI Homeservices and Dotdash show positive performance and strategic focus on growth areas. ANGI aims for sustained EBITDA margins and Dotdash anticipates Digital revenue growth. Both companies are addressing challenges while capitalizing on opportunities for future growth.

ANGI Homeservices plans spin-off for growth amid regulatory changes

ANGI Homeservices is considering a spin-off to enhance focus and growth opportunities. Despite regulatory challenges, the company is well-positioned for long-term success. Strong performance in key metrics and strategic partnerships are driving growth.

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Angi, Inc. engages in the provision of a digital marketplace for home services. It operates through the following segments: Ads and Leads, Services, Roofing, and International. The Ads and Leads segment provides service professionals the capability to engage with potential customers, including quote and invoicing services, and provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals nationwide for home repair, maintenance and improvement projects. The Services segment includes the provision of services through the Angi platform. Angi fulfills the request through the use of independently established home service providers engaged in a trade, occupation and/or business that customarily provides such services. The Roofing segment includes roof replacement and repair services through its wholly-owned subsidiary, Angi Roofing, LLC. The international segment consists of Europe and Canada. The company was founded on April 13, 2017 and is headquartered in Denver, CO.

Revenue fell sharply as the company struggled in the current macro environment. Angi continues to lose money, though the core business has been around for decades.

Why Angi Stock Plunged Today

Angi Inc. (NASDAQ:ANGI ) Q2 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants Christopher Halpin - Executive Vice President, Chief Financial Officer, and Chief Operating Officer of IAC Joey Levin - Chief Executive Officer of IAC, and Chief Executive Officer and Chairman of Angi, Inc. Conference Call Participants Cory Carpenter - J.P. Morgan John Blackledge - TD Cowen Eric Sheridan - Goldman Sachs Jason Helfstein - Oppenheimer Stephen Ju - Credit Suisse Brad Erickson - RBC Capital Markets Ross Sandler - Barclays Brian Fitzgerald - Wells Fargo Youssef Squali - Truist Securities Brent Thill - Jefferies Ygal Arounian - Citigroup Tom Champion - Piper Sandler Kunal Madhukar - UBS Operator Welcome to the IAC and Angi Second Quarter 2023 Earnings Conference Call.

Angi Inc. (ANGI) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Angi (ANGI) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Angi (ANGI) Q2 Earnings: A Look at Key Metrics

Angi (ANGI) came out with a quarterly loss of $0.03 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.05 per share a year ago.

Angi (ANGI) Reports Q2 Loss, Misses Revenue Estimates

Angi (ANGI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes Angi (ANGI) a New Strong Buy Stock

Here is how Angi (ANGI) and Fortinet (FTNT) have performed compared to their sector so far this year.

Is Angi (ANGI) Stock Outpacing Its Computer and Technology Peers This Year?

Angi (ANGI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Angi (ANGI) Is Still a Bargain Stock

DENVER, July 19, 2023 (GLOBE NEWSWIRE) -- After the close of market trading on Tuesday, August 8, 2023, Angi Inc. (NASDAQ: ANGI) will post its second quarter results at ir.angi.com/quarterly-earnings. On Wednesday August 9, 2023, at 8:30 a.m. ET, Angi Inc. and IAC will host a conference call to answer questions regarding the companies' respective second quarter results.

Angi Inc. to Announce Q2 2023 Earnings on August 8th and Host Earnings Conference Call on August 9th

IAC/InterActiveCorp

NEW YORK , July 19, 2023 /PRNewswire/ -- After the close of market trading on Tuesday, August 8, 2023, IAC (NASDAQ: IAC) will post its second quarter results and simultaneously IAC CEO Joey Levin will publish a letter to shareholders, which may include certain forward-looking information, at https://ir.iac.com/quarterly-results. On Wednesday, August 9, 2023, at 8:30 a.m.

IAC TO ANNOUNCE Q2 2023 EARNINGS ON AUGUST 8th AND HOST EARNINGS CONFERENCE CALL ON AUGUST 9th

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The most overbought stocks in the communication services sector presents an opportunity to go short on these overvalued companies.

Top 5 Tech And Telecom Stocks That May Implode This Quarter - Angi (NASDAQ:ANGI), Cardlytics (NASDAQ:CDLX)

Here is how Angi (ANGI) and Turtle Beach (HEAR) have performed compared to their sector so far this year.

Is Angi (ANGI) Outperforming Other Computer and Technology Stocks This Year?

Tim Allen assumes CEO role at IAC's Ask Media Group Consumer technology and digital media leader Brad Wilson succeeds Tim Allen as Care.com CEO NEW YORK , June 20, 2023 /PRNewswire/ -- Today IAC (NASDAQ: IAC) announced leadership changes at its Care.com and Ask Media Group subsidiaries. IAC has appointed Brad Wilson to CEO, who brings more than 20 years of leadership experience at major consumer technology brands including HBO Max, Disney Streaming, and IAC progeny LendingTree and Travelocity.

IAC's Care.com and Ask Media Group Announce Leadership Changes

Angi Inc. (ANGI) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ANGI's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.

Angi (ANGI)'s Technical Outlook is Bright After Key Golden Cross

ANGI has transformed its business from loss to positive Adjusted EBITDA after trimming unproductive service items. ANGI has been working on AI services that may improve customer experiences tremendously. Although some initial metrics indicate a potential for growth, it appears that 2023 will be a year of revenue decline.

Angi's Transformation: From Losses To Adjusted Profits

NEW YORK , May 24, 2023 /PRNewswire/ -- IAC (NASDAQ: IAC ) will participate in the 51st Annual TD Cowen Technology, Media and Telecom Conference on Thursday, June 1, 2023. Christopher Halpin, Executive Vice President, CFO and COO of IAC will participate in a fireside chat at 8:30 a.m.

IAC to Participate in the 51st Annual TD Cowen Technology, Media and Telecom Conference

U.S. homeowners take pride in their outdoor spaces, with nearly half of homeowners claiming their lawn is greener than their neighbors U.S. homeowners take pride in their outdoor spaces, with nearly half of homeowners claiming their lawn is greener than their neighbors

American Homeowners Agree – Having a Good-Looking Lawn is Very Important

NEW YORK , May 15, 2023 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference on Monday, May 22, 2023.

IAC to Participate in the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Angi (ANGI) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Angi (ANGI) Is Attractively Priced Despite Fast-paced Momentum

Angi posted a strong improvement in adjusted EBITDA. However, revenue was down, and the services business is still struggling.

Why Angi Stock Jumped Today

Angi Inc. (NASDAQ:ANGI ) Q1 2023 Earnings Conference Call May 10, 2023 8:30 PM ET Company Participants Christopher Halpin - Executive Vice President, Chief Financial Officer & Chief Operating Officer, IAC Joey Levin - Chief Executive Officer, IAC and Angi Inc. Conference Call Participants Ross Sandler - Barclays Cory Carpenter - JPMorgan Brian Fitzgerald - Wells Fargo John Blackledge - Cowen & Company Brent Thill - Jefferies Jason Helfstein - Oppenheimer Eric Sheridan - Goldman Sachs Stephen Ju - Credit Suisse Ygal Arounian - Citigroup Youssef Squali - Truist Securities Justin Patterson - KeyBanc Capital Markets Operator Good morning, and welcome to the IAC and Angi First Quarter 2023 Earnings Call. All participants will be in listen-only mode.

Angi Inc. (ANGI) Q1 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Angi (ANGI) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Angi (ANGI) Q1 Earnings: A Look at Key Metrics

Angi (ANGI) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.07 per share a year ago.

Angi (ANGI) Reports Q1 Loss, Tops Revenue Estimates

Data shows home construction trade careers boost higher worker satisfaction rates and offer more autonomy than other jobs in the U.S. Data shows home construction trade careers boost higher worker satisfaction rates and offer more autonomy than other jobs in the U.S.

Angi Teams Up with SkillsUSA to Sponsor National Signing Day and Celebrate Students Pursuing Trade Careers

DENVER, April 12, 2023 (GLOBE NEWSWIRE) -- After the close of market trading on Tuesday, May 9, 2023, Angi Inc. (NASDAQ: ANGI) will post its first quarter results at ir.angi.com/quarterly-earnings.  On Wednesday May 10, 2023, at 8:30 a.m. ET, Angi Inc. and IAC will host a conference call to answer questions regarding the companies' respective first quarter results.

Angi Inc. to Announce Q1 2023 Earnings on May 9th and Host Earnings Conference Call on May 10th

Women homeowners surveyed say they find home improvement expensive, are less confident in their knowledge of home projects, and prefer to share home project decision-making—but that might be changing Women homeowners surveyed say they find home improvement expensive, are less confident in their knowledge of home projects, and prefer to share home project decision-making—but that might be changing

News for ANGI Homeservices Stock (ANGI)