Spin-off of Angi - IAC plans to spin off its full stake in Angi to its shareholders, with the transaction expected to occur in the first half of 2025 but not before March 31 [1][4][7] - The spin-off will allow IAC management to focus on its broader portfolio and new growth opportunities, while enhancing its ability to use stock for acquisitions and employee incentives [1][4] Executive Leadership Changes - IAC CEO Joey Levin will step down and become an advisor to the media company, while also taking on the role of Executive Chair at Angi, working alongside Angi CEO Jeff Kip [2][4] - IAC will not replace Levin as CEO, instead, CFO and COO Christopher Halpin and Chief Legal Officer Kendall Handler will report directly to Chairman Barry Diller [3][4] Market Reaction - Following the announcement, IAC shares declined by approximately 3.5%, while Angi shares rose by about 3% [2] Corporate Structure - Dotdash Meredith, the parent company of Investopedia, is a subsidiary of IAC [3]

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Angi Inc. (NASDAQ:ANGI) Q3 2024 Earnings Call November 12, 2024 8:30 AM ET Company Participants Joey Levin - Chief Executive Officer, IAC and Chairman, Angi Inc. Jeff Kip - Chief Executive Officer Christopher Halpin - Executive Vice President, Chief Financial Officer and Chief Operating Officer, IAC Conference Call Participants Cory Carpenter - JPMorgan Jason Helfstein - Oppenheimer John Blackledge - TD Cowen Eric Sheridan - Goldman Sachs Ross Sandler - Barclays Dan Kurnos - The Benchmark Company Tom Champi ...

Table of Contents As filed with the Securities and Exchange Commission on November 12, 2024 | --- | --- | |--------------------------------------------------------------------------|------------| | UNITED STATES SECURITIES AND EXCHANGE Washington, D.C. 20549 | COMMISSION | | FORM 10-Q | | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

Page 1 of 13 ANGI REPORTS Q3 2024 IAC considering a spin-off of Angi Q3 operating income improves $16 million to $8 million Q3 Adjusted EBITDA improves 27% to $35 million DENVER — November 11, 2024 — Angi Inc. (NASDAQ: ANGI) released its third quarter results today. A letter to IAC shareholders from Joey Levin, the Chairman of Angi Inc. and Chief Executive Officer of IAC, is available on the Investor Relations section of IAC's website at ir.iac.com. | --- | --- | --- | --- | --- | --- | |------------------- ...

Angi (ANGI) reported $296.72 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 20.2%. EPS of $0.07 for the same period compares to -$0.01 a year ago. ...

DENVER, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Angi Inc. (NASDAQ: ANGI) posted its third quarter financial results on the investor relations section of its website at ir.angi.com/quarterly-earnings. As announced previously, Angi Inc. and IAC will host a conference call to discuss both companies’ respective third quarter results and to answer questions. The call will be held on Tuesday, November 12, 2024, at 8:30 a.m. ET. Joey Levin, CEO of IAC and Chairman of Angi Inc., Jeffrey Kip, CEO of Angi Inc., and Christo ...

Angi Inc. (ANGI) is scheduled to release third-quarter 2024 results on Nov. 11.The Zacks Consensus Estimate for revenues is currently pegged at $295.9 million, suggesting a 20.42% decline from the year-ago period.The Zacks Consensus Estimate for earnings is pegged at a breakeven over the past 30 days, indicating improvement from a loss of 1 cent reported in the year-ago period.Image Source: Zacks Investment ResearchFind the latest EPS estimates and surprises on Zacks Earnings Calendar.In the last reported q ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

Angi (ANGI) shares have gained 2.5% year to date, outperforming the broader Zacks Computer and Technology sector’s decline of 1.7%. It has also outperformed Zacks Internet – Content industry and peers like DHI Group (DHX) , Tencent Music Entertainment Group (TME) , and Shutterstock (SSTK) . Over the same time frame, shares of DHI Group, Tencent Music Entertainment Group and Shutterstock have declined 14.8%, 23% and 28.3%, respectively, while the industry has appreciated 0.3%.This outperformance can be attri ...