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.

DENVER, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Today Angi Inc. (NASDAQ: ANGI) a leading and comprehensive solution for all home needs, announced the appointment of Joey Levin, CEO of IAC and Chairman of Angi, to CEO of Angi. Oisin Hanrahan has stepped down as CEO and Director of Angi. Mr. Levin will assume the role of CEO of Angi in addition to his duties as CEO of IAC and will oversee Angi's executive leadership team and daily management of the company. These changes are effective today.

Angi Announces CEO Transition

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EmployBridge to Acquire IAC's Bluecrew

NEW YORK , Sept. 13, 2022 /PRNewswire/ -- Dotdash Meredith, an operating business of IAC (NASDAQ: IAC), will participate in the Truist Securities Internet Growth Summit on Friday, September 16, 2022.

Dotdash Meredith to Participate in the Truist Securities Internet Growth Summit

NEW YORK , Sept. 7, 2022 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 13, 2022.

IAC to Participate in the Goldman Sachs Communacopia + Technology Conference

The stock is slumping as questions remain about its growth potential.

Angi's Turnaround Drags On

The company reported concerning trends for its business during the first month of the third quarter.

Why Angi Stock Slumped This Week

Angi Inc. (NASDAQ:ANGI ) Q2 2022 Earnings Conference Call August 10, 2022 8:30 AM ET Company Participants Mark Schneider - Head, Investor Relations Christopher Halpin - Chief Financial Officer, IAC Joey Levin - Chief Executive Officer of IAC and Chairman of Angi Oisin Hanrahan - Chief Executive Officer Neil Vogel - Chief Executive Officer, Dotdash Meredith Conference Call Participants Cory Carpenter - JPMorgan Ross Sandler - Barclays Eric Sheridan - Goldman Sachs Jason Helfstein - Oppenheimer John Blackledge - Cowen Youssef Squali - Truist Securities Daniel Kurnos - Benchmark Brent Thill - Jefferies Tom Champion - Piper Sandler Mark Schneider During this presentation, we may discuss our outlook and future performance. These forward-looking statements typically may be preceded by words such as we expect, we believe, we anticipate or similar statements.

Angi Inc. (ANGI) CEO Oisin Hanrahan on Q2 2022 Results - Earnings Call Transcript

Second-quarter numbers were strong, but the forecast was murkier than investors wanted to hear.

Why Angi Stock Was Falling Today

Angi (ANGI) delivered earnings and revenue surprises of 16.67% and 3.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Angi (ANGI) Reports Q2 Loss, Tops Revenue Estimates

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The consensus price target hints at an 82.8% upside potential for Angi (ANGI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Angi (ANGI) Have the Potential to Rally 83% as Wall Street Analysts Expect?

Angi (ANGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Angi (ANGI) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

DENVER, July 14, 2022 (GLOBE NEWSWIRE) -- After the close of market trading on Tuesday, August 9, 2022, Angi Inc. (NASDAQ: ANGI) will post its second quarter results at ir.angi.com/quarterly-earnings. On Wednesday August 10, 2022 at 8:30 a.m. ET, Angi Inc. and IAC will live stream a joint video conference to answer questions regarding the companies' respective second quarter results.

Angi Inc. to Announce Q2 2022 Earnings on August 9th and Host Earnings Video Conference on August 10th

NEW YORK , July 14, 2022 /PRNewswire/ -- After the close of market trading on Tuesday, August 9, 2022, 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 10, 2022 at 8:30 a.m.

IAC TO ANNOUNCE Q2 2022 EARNINGS ON AUGUST 9th AND HOST EARNINGS VIDEO CONFERENCE ON AUGUST 10th

DENVER, July 14, 2022 (GLOBE NEWSWIRE) -- Today, Angi (NASDAQ: ANGI), a leading and comprehensive solution for everything home, released its updated The Economy of Everything Home Report , which includes the most comprehensive and up-to-date estimate of the total addressable market (TAM) for home services in the U.S. This report, compiled by Angi's Chief Economist Mischa Fisher, estimates a TAM of $657 billion representing over 10% growth this year.

Total Addressable Market for Home Services Grows to $657B According to New Report from Angi

Angi's business, as it exists today, is a result of a brand consolidation strategy. Management understands and acknowledges all has not gone well in the brand consolidation process.

Angi: Brand Efficiency Issue Not Yet Solved

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TORONTO--(BUSINESS WIRE)--The HomeStars 2022 Reno Report reveals insights into what's driving Canadian homeowners' decisions around home renovation.

Despite Fewer Canadians Planning Home Renovations Over the Next 12 Months, Those That do Intend to Renovate are Likely to Spend Nearly Double, According to HomeStars 2022 Reno Report

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Angi Appoints Andrew Russakoff as Chief Financial Officer

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DENVER, May 18, 2022 (GLOBE NEWSWIRE) -- Angi Inc. (NASDAQ: ANGI) will attend the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 25, 2022. Oisin Hanrahan, Chief Executive Officer of Angi Inc., will participate in a fireside chat at 10:00 a.m. ET. An audiocast will be available to the public and an audio replay will be available at https://ir.angi.com/presentations and https://ir.iac.com/index.php/events-and-presentations for 90 days following the conference.

Angi to Participate in the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference

TORONTO--(BUSINESS WIRE)--HomeStars, Canada's largest network of verified home service professionals, is proud to announce a new partnership with Perch, a technology platform offering homebuyers and homeowners the financial insights they need to build wealth through real estate. This first-of-its-kind partnership will help homeowners find flexible refinancing solutions to fund their renovation and home improvement needs. Through the new partnership, HomeStars offers a refinancing option to Cana

HomeStars Launches Home Renovation Flexible Refinancing in Partnership with Perch To Help Canadian Homeowners Bring Their Dream Home to Life

After a rough few quarters, the company expects revenue and profits to accelerate over the rest of the year.

News for ANGI Homeservices Stock (ANGI)