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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Earnings data Q1 2022

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Earnings data Q4 2024

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.

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

Angi Says It's Turning the Corner

A strong outlook helped lift shares of the beaten-down home-improvement stock.

Why Angi Stock Popped Today

Angi, Inc. (NASDAQ:ANGI ) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Mark Schneider - Head, Investor Relations Chris Halpin - Chief Financial Officer Joey Levin - Chief Executive Officer & Director, IAC/InterActiveCorp Oisin Hanrahan - Chief Executive Officer Neil Vogel - Chief Executive Officer, Dotdash Meredith Conference Call Participants Ross Sandler - Barclays John Blackledge - Cowen Cory Carpenter - JPMorgan Justin Patterson - KeyBanc Jason Helfstein - Oppenheimer Brian Fitzgerald - Wells Farg Eric Sheridan - Goldman Sachs Tom Champion - Piper Sandler Ygal Arounian - Wedbush Brent Thill - Jefferies Brad Erickson - RBC 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 Q1 2022 Results - Earnings Call Transcript

The online marketplace and database is still targeting the massive market for home services but wants to generate earnings while doing so.

Angi Says It Is Prioritizing Profitability as Investors Sour on Pure Growth Stocks

Angi Says It's Prioritizing Profitability as Investors Sour on Pure Growth Stocks

IAC/InterActiveCorp

Investment to fast-track scalability and support inorganic growth Funding includes investments from IAC and Collaborative Fund In five years, Vivian Health has become a market leading platform for healthcare jobs, facilitating 15% of travel nursing placements in the U.S., representing $1.5B in annualized labor spend Over 700,000 of America's healthcare clinicians are registered to use Vivian's platform to find work SAN FRANCISCO , April 26, 2022 /PRNewswire/ -- Vivian Health, an IAC (NASDAQ: IAC) company and a leading healthcare jobs marketplace serving healthcare professionals first, today announced a $60 million primary and secondary equity investment led by Thoma Bravo, a leading software investment firm, with participation from IAC and Collaborative Fund. The new capital will be used to accelerate Vivian's rapid growth and further its scale among healthcare clinicians and employers, as well as to support future M&A initiatives.

IAC's Vivian Health Announces $60 Million Investment Led by Thoma Bravo

Array Technologies

Knnate Biopharma

Vivint Smart Home Inc

Zevia PBC

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Goldman Sachs Has 5 Stocks Under $10 Rated Buy With 125% to 400% Upside Potential

NEW YORK , April 14, 2022 /PRNewswire/ -- After the close of market trading on Monday, May 9, 2022, IAC (NASDAQ: IAC) will post its first 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 Tuesday, May 10, 2022 at 8:30 a.m.

IAC TO ANNOUNCE Q1 2022 EARNINGS ON MAY 9th AND HOST EARNINGS VIDEO CONFERENCE ON MAY 10th

DENVER, April 14, 2022 (GLOBE NEWSWIRE) -- After the close of market trading on Monday, May 9, 2022, Angi Inc. (NASDAQ: ANGI) will post its first quarter results at ir.angi.com/quarterly-earnings. On Tuesday, May 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 first quarter results.

Angi Inc. to Announce Q1 2022 Earnings on May 9th and Host Earnings Video Conference on May 10th

24% of homeowners spent over $5,000 to go green last year 92% of homeowners invested in eco-friendly home improvements 63% of home pros have updated their businesses to be more eco-friendly DENVER , April 13, 2022 /PRNewswire/ -- Nearly all homeowners (92%) are investing in the environment through home projects and lifestyle changes, according to a new study by Angi . The top reasons are: it's important to the homeowner, to save money in the long run, and to improve the home's resale value.

New Angi Earth Day Surveys Show Homeowners & Pros are Going Green

The Angi Super Service Award Recognizes Pros for Excellent Customer Service and Workmanship as Home Improvement Booms in the U.S. The Angi Super Service Award Recognizes Pros for Excellent Customer Service and Workmanship as Home Improvement Booms in the U.S.

Angi Announces 2021 Super Service Awards Winners

Angi has a giant TAM in the home improvement industry.

Angi's Risk/Reward Is Worth It

NEW YORK , Feb. 24, 2022 /PRNewswire/ -- Dotdash Meredith, an operating business of IAC (NASDAQ: IAC), will attend the BMO Digital Ad Summit on Thursday, March 3.  Neil Vogel, Chief Executive Officer of Dotdash Meredith, will participate in a fireside chat at 8:00 a.m.

Dotdash Meredith to Participate in the BMO Digital Ad Summit

DENVER, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Angi Inc. (NASDAQ: ANGI) will attend the Second Annual Wedbush Real Estate Technology Conference on Wednesday, March 2, 2022.  Oisin Hanrahan, Chief Executive Officer of Angi Inc., will participate in a fireside chat at 9:50 a.m. ET.  A live stream will be available to the public and a video 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 Second Annual Wedbush Real Estate Technology Conference

DENVER, Feb. 24, 2022 /PRNewswire/ -- The demand for home renovations is strong, according to a new survey by Angi , a leading and comprehensive solution for everything home. 89% of homeowners surveyed are either planning or working on home projects, with kitchen remodels selected as the most urgent and most important home project for 2022.

Angi Survey Reveals 2022 Top Home Projects

Zillow

Report: These Are the Most Popular Home Improvement Projects Across the Country

The home-services company is still dealing with a number of headwinds.

Angi's Turnaround Still Has a Ways To Go

The digital home improvement company's Q4 earnings report did not please the market, despite strong top-line growth.

Why Angi Stock Plunged More Than 21% in Morning Trading Today

Angi (ANGI) delivered earnings and revenue surprises of 16.67% and 0.27%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Angi (ANGI) Reports Q4 Loss, Tops Revenue Estimates

DENVER, Feb. 03, 2022 (GLOBE NEWSWIRE) --  After the close of market trading on Tuesday, February 15, 2022, Angi Inc. (NASDAQ: ANGI) will post its fourth quarter results at ir.angi.com/q u arterly-earnings . On Wednesday, February 16, 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 fourth quarter results.

Angi Inc. to Announce Q4 2021 Earnings on February 15th and Host Earnings Video Conference on February 16th

NEW YORK , Feb. 3, 2022 /PRNewswire/ -- After the close of market trading on Tuesday, February 15, 2022, IAC (NASDAQ: IAC) will post its fourth 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, February 16, 2022 at 8:30 a.m.

IAC TO ANNOUNCE Q4 2021 EARNINGS ON FEBRUARY 15th AND HOST EARNINGS VIDEO CONFERENCE ON FEBRUARY 16th

Shares of ANGI have been under pressure considering disappointing earnings over the last few quarters.

Angi Stock: Bullish On The Walmart Partnership

The stock price of Angi Inc (NASDAQ: ANGI) increased by 10% in the most recent trading session. This is why it happened.

Angi (ANGI) Stock: Why The Price Jumped Up Today

Angi (ANGI) Stock: Why The Price Jumped Up

Walmart

The online connector between home service providers and customers got a very physical boost today.

News for ANGI Homeservices Stock (ANGI)