ANGI Homeservices(ANGI)

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Angi (ANGI) Q2 Revenue Beats by 6%
The Motley Fool· 2025-08-06 17:24
Angi (ANGI 15.51%), a leading digital platform that connects homeowners with local service professionals, released its earnings report on August 5, 2025. The most significant news: revenue (GAAP) exceeded analyst expectations at $278.2 million, up 6.3% on the consensus GAAP estimate of $261.6 million. However, Diluted earnings per share (GAAP) missed the mark at $0.23, falling short of the $0.26 expected by analysts. The quarter displayed notable progress in proprietary engagement metrics but also reflected ...
ANGI Homeservices(ANGI) - 2025 Q2 - Earnings Call Transcript
2025-08-06 13:30
Angi (ANGI) Q2 2025 Earnings Call August 06, 2025 08:30 AM ET Speaker0Good day, everyone, and welcome to the ANGI Second Quarter twenty twenty five Earnings Conference Call. All participants will be in a listen only mode. After introductory remarks, there will be an opportunity to ask questions. Please also note today's event is being recorded. At this time, I'd like to turn the floor over to Andrew Rusckoff, Chief Financial Officer.Please go ahead.Speaker1Thank you very much and good morning everyone. Rust ...
ANGI Homeservices(ANGI) - 2025 Q2 - Quarterly Report
2025-08-05 20:15
FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the Quarterly Period Ended June 30, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to__________ Commission File No. 001-38220 Angi Inc. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of inc ...
ANGI Homeservices(ANGI) - 2025 Q2 - Quarterly Results
2025-08-05 20:14
Page 1 of 16 ANGI REPORTS Q2 2025 DENVER — August 5, 2025 — Angi Inc. (NASDAQ: ANGI) released its second quarter results today and separately posted a letter to shareholders from Jeff Kip, the Chief Executive Officer of Angi Inc., on the Investor Relations section of Angi Inc.'s website at ir.angi.com. | ANGI INC. SUMMARY RESULTS | | | | | | --- | --- | --- | --- | --- | | ($ in millions except per share amounts) | | | | | | Q2 2025 | | Q2 2024 | | Growth | | Revenue $ $ | 278.2 | | 315.1 | -12 % | | Operat ...
Angi Inc. to Announce Q2 2025 Earnings on August 5th and Host Earnings Conference Call on August 6th
Globenewswire· 2025-07-16 20:10
DENVER, July 16, 2025 (GLOBE NEWSWIRE) -- After the close of market trading on Tuesday, August 5, 2025, Angi Inc. (NASDAQ: ANGI) will post its second quarter results and simultaneously CEO Jeff Kip will publish a letter to shareholders, which may include certain forward-looking information, at ir.angi.com/quarterly-earnings. On Wednesday, August 6, 2025, at 8:30 a.m. ET, Angi Inc. will host a conference call to answer questions regarding the company’s second quarter results. The live audiocast and replay wi ...
Angi Launches New “AI Helper” as it Celebrates 30 Years of Innovation
Globenewswire· 2025-06-17 13:00
DENVER, June 17, 2025 (GLOBE NEWSWIRE) -- Today, Angi—formerly known as Angie’s List—is introducing a new, “AI Helper” to its service request experience, as part of its continued effort to simplify how homeowners connect with top-quality service pros and meet demand for smarter, more intuitive home improvement solutions. This innovation coincides with Angi’s 30th anniversary, marking three decades of connecting homeowners with skilled pros and driving industry innovation. At the heart of this enhancement is ...
Angi: Look Where The Incentives Are
Seeking Alpha· 2025-06-12 03:47
I am a value investor with focus on special situations and small-cap companies. Most of the time, I write about long ideas either ones I’m already invested in or keeping an eye on until I feel confident enough to jump in. I don’t write just to have something new out there; if an idea doesn’t feel strong enough, I’m okay with walking away from it, even if I’ve already spent a lot of time digging into it.My background is in engineering, but I got into value investing after listening to the “Parsezani dar Baza ...
Angi (ANGI) Recently Broke Out Above the 20-Day Moving Average
ZACKS· 2025-06-04 14:36
Group 1 - Angi (ANGI) has reached a significant support level and shows potential for investors from a technical perspective, having recently broken through the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average is a popular tool among traders, providing insights into a stock's price over a 20-day period, which is beneficial for short-term traders by smoothing out price trends and offering more trend reversal signals compared to longer-term moving averages [2] - ANGI shares have increased by 49.8% over the past four weeks, and the company holds a Zacks Rank 3 (Hold), suggesting the potential for continued upward movement [4] Group 2 - The bullish outlook for ANGI is reinforced by positive earnings estimate revisions, with no estimates decreasing in the past two months and two estimates increasing, alongside a rise in the consensus estimate [4] - Investors are encouraged to consider adding ANGI to their watchlist due to the important technical indicator and the positive trend in earnings estimate revisions [5]
Best Gig Economy Stocks to Monitor Amid its Growing Popularity
ZACKS· 2025-05-15 13:56
An updated edition of the March 25, 2025 article.The emergence of the gig economy concept has reshaped the landscape of traditional employment. The gig economy offers workers the freedom and flexibility to set their work hours, workload, and even their workspace. The resultant flexibility helps accommodate diverse lifestyles and personal commitments. No wonder this trend gained immense popularity, both during and in the post-pandemic scenario, with workers and companies constantly seeking more flexible an ...
Angi (ANGI) FY Conference Transcript
2025-05-15 13:40
Summary of Angi (ANGI) FY Conference Call - May 15, 2025 Company Overview - **Company**: Angi (ANGI) - **Industry**: Home services and digital marketplace for homeowners and service professionals Key Points and Arguments 1. **Leadership Transition**: Jeff Kipp, previously CFO of IAC, became CEO of Angi to drive growth and improve service quality for both homeowners and professionals on the platform [5][6][13] 2. **Financial Performance**: Angi expects to exceed $1 billion in revenue with positive cash flow, reversing a previous trend of negative cash flow [9][10] 3. **Revenue Quality Improvement**: The company has eliminated lower-quality revenue streams, resulting in improved unit economics and adjusted EBITDA margins [10][11] 4. **Homeowner Engagement**: Homeowners are hiring approximately 30% more professionals compared to two years ago, indicating improved satisfaction and engagement [11] 5. **Independent Operations**: As a standalone company, Angi maintains its mission and strategy while benefiting from a more liquid and stable stock currency [15] 6. **Impact of Macroeconomic Factors**: The company experienced a temporary 10% drop in traffic due to macroeconomic shocks but has since stabilized and is recovering [17][19] 7. **Homeowner Choice Implementation**: The introduction of homeowner choice in January has led to higher hiring rates and satisfaction among both homeowners and professionals [25][29] 8. **New Metrics Disclosure**: Angi has introduced new metrics to better reflect service requests and leads, emphasizing proprietary growth and retention rates [30][32] 9. **Operational Efficiency**: The company is focusing on marketing and sales efficiency, aiming to generate more value with a smaller sales force [39][40] 10. **AI Integration**: Angi is leveraging AI for better customer interactions, predictive modeling, and operational efficiencies [49][50] 11. **Competitive Landscape**: Angi relies on Google for over a third of its leads, facing competition from Yelp and Thumbtack, but is focused on proprietary growth despite challenges [53][54] 12. **International Growth**: International operations account for 10% of revenue, with potential for growth through platform integration and market expansion [57][60] 13. **Future Growth Outlook**: Angi anticipates a return to growth in 2026, driven by improvements in proprietary leads and network stability [64][66] 14. **Margin Expansion**: Despite a focus on growth, Angi has managed to expand margins and expects to maintain operational efficiencies [70][72] 15. **Long-term Growth Potential**: The company aims for double-digit revenue growth in the long term, leveraging its market position and improving customer success rates [73][76] Additional Important Content - **Capital Allocation Philosophy**: Angi is focused on returning capital to shareholders and offsetting dilution from employee stock grants, while also considering strategic acquisitions [78][80] - **Market Fragmentation**: The home services industry remains fragmented, presenting opportunities for consolidation and growth [15][56] This summary encapsulates the key insights and strategic directions discussed during the Angi FY Conference Call, highlighting the company's focus on improving financial performance, customer satisfaction, and operational efficiency in a competitive landscape.