Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

Salesforce, Dialpad, Gladly, Neuraflash, and Bridgepointe recognized for CXSUNNYVALE, Calif., March 12, 2024 /PRNewswire/ -- Playvox, the leading provider of Workforce Engagement Management (WEM) solutions for digital-first contact and support centers, today announced its annual Partner of the Year Awards. Global and industry-leading brands including Salesforce, Dialpad Inc., Gladly, Neuraflash, and Bridgepointe were recognized for leadership, commitment to customer support, approach to call center innovati ...

One stock that might be an intriguing choice for investors right now is Angi Inc. (ANGI) . This is because this security in the Internet - Content space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Internet - Con ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Angi Inc. (ANGI) : This company that owns and operates the HomeAdvisor digital marketplace service to connect consumers has seen the Zacks Consensus Estimate for its current year earnings increasing 66.7% over the last 60 days.Eagle Bancorp Montana, Inc. (EBMT) : This bank holding company for Opportunity Bank of Montana has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.General Motor ...

Table of Contents As filed with the Securities and Exchange Commission on February 29, 2024 | --- | --- | |--------------------------------------------------------------------------|------------| | UNITED STATES SECURITIES AND EXCHANGE Washington, D.C. 20549 | COMMISSION | | FORM 10-K | | ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Angi (ANGI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Angi is a member of our Computer and Technology group, which includes 621 different companies and currently sits at #13 in the Zacks S ...

Financial Data and Key Metrics - Angi Inc reported improved profitability in Q4 2023, driven by better service professional retention, reduced bad debt, and expanded margins in paid marketing [9][10] - The company expects to sustain 10%+ EBITDA margins in 2024, with Q1 adjusted EBITDA projected to be slightly higher year-over-year despite lower revenue [12][13] - Dotdash Meredith's digital revenue grew significantly, with core sessions increasing by 10% and premium sales showing solid performance [16][17] - Dotdash Meredith expects 10%+ digital revenue growth in 2024, with print revenue declining by 12% in Q4 2023 and similar declines expected in 2024 [20] Business Line Performance - Angi's service professional retention improved due to better targeting, compelling offers, and demand-side improvements, leading to more profitable unit economics [9][10] - Dotdash Meredith's digital ad revenue accelerated, driven by traffic growth, premium sales, and programmatic performance, with CPMs growing faster than the market [16][17][20] - Performance marketing continued to perform well, with users engaging more with content that monetizes effectively, such as product reviews [17][18] Market Performance - Europe showed strong growth for Angi, with 20% growth in recent quarters, attributed to better customer experience and product optimization [28][42] - Dotdash Meredith's digital traffic and monetization momentum continued into Q1 2024, with the company taking market share in both traffic and revenue per session [20] Strategic Direction and Industry Competition - Angi is focusing on improving user experience, driving free and repeat traffic, and enhancing service professional retention to improve unit economics [40][41] - Dotdash Meredith is leveraging D/Cipher, a new targeting technology, to improve ad performance and integrate with demand-side platforms like Amazon and Google [31][32][33] - The company is shifting capital allocation towards businesses benefiting from the long-term trend of consumers moving from goods to experiences [69][70] Management Commentary on Operating Environment and Future Outlook - Management highlighted the durability of Angi's margin improvements, attributing them to better service professional retention, reduced bad debt, and cost control [9][10] - For Dotdash Meredith, management expressed confidence in continued digital growth, with strong performance in premium, programmatic, and performance marketing [16][17][20] - The company expects free cash flow conversion to improve in 2024, driven by higher EBITDA and lower non-recurring expenses [22][23] Other Important Information - Angi is working on integrating its ads and leads platforms to improve user and service professional experiences, with significant progress on the user side [67][68] - The company sold its Mosaic subsidiary, which impacted Emerging & Other segment EBITDA, with $20 million in transaction expenses expected in Q1 2024 [36][37] - Vivian, an emerging business in the portfolio, continues to grow in the travel nurse market despite industry contraction, driven by strong platform engagement [77][78] Q&A Summary Question: What drove Angi's Q4 outperformance and what are the revenue expectations for 2024? [8] - Answer: Angi's outperformance was driven by better service professional retention, reduced bad debt, and improved paid marketing margins Revenue is expected to decline year-over-year in 2024, but the rate of decline will narrow as comps ease and demand-side improvements take effect [9][10][12] Question: What are the key drivers of Dotdash Meredith's digital ad revenue growth? [15] - Answer: Growth was driven by traffic volume, ad sales rates, and premium sales monetization, with core sessions growing 10% and programmatic performance improving [16][17] Question: How is Angi balancing consumer and service professional experiences? [45] - Answer: Angi is improving matching algorithms to increase monetized transactions per service request, which benefits both homeowners and service professionals by keeping more jobs on the platform [47][48] Question: What are Angi's top priorities for 2024? [39] - Answer: Priorities include driving free and repeat traffic, improving service professional retention, and enhancing unit economics through better conversion rates [40][41] Question: How is Dotdash Meredith managing margins and growth? [46] - Answer: The company is achieving strong incremental margins in digital, with investments in content, performance marketing, and D/Cipher driving growth while reallocating costs from less strategic areas [50][51] Question: What is the outlook for Angi's international business? [39] - Answer: Europe has seen double-digit growth due to better customer experience, and learnings from Europe are being applied to the US market to drive similar improvements [28][42] Question: How is Angi improving its sales force efficiency? [53] - Answer: The company has reduced unproductive calls and is focusing on higher-commitment offers to improve retention and ROI for service professionals [54][55] Question: What is the status of Dotdash Meredith's D/Cipher adoption? [30] - Answer: D/Cipher is used in 30% of direct ad campaigns, with positive feedback from clients and plans to integrate with more demand-side platforms [31][32] Question: What is the outlook for IAC's capital allocation strategy? [66] - Answer: The company is focusing on businesses benefiting from the shift from goods to experiences and is looking for opportunistic external investments [69][70]

For the quarter ended December 2023, Angi (ANGI) reported revenue of $300.43 million, down 32% over the same period last year. EPS came in at $0.01, compared to -$0.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $306.73 million, representing a surprise of -2.05%. The company delivered an EPS surprise of +150.00%, with the consensus EPS estimate being -$0.02.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

DENVER, Jan. 17, 2024 (GLOBE NEWSWIRE) -- After the close of market trading on Tuesday, February 13, 2024, Angi Inc. (NASDAQ: ANGI) will post its fourth quarter results at ir.angi.com/quarterly-earnings.  On Wednesday February 14, 2024, at 8:30 a.m. ET, Angi Inc. and IAC will host a conference call to answer questions regarding the companies’ respective fourth quarter results. The live audiocast and replay will be open to the public through the investor relations section of the Angi site at ir.angi.com/quar ...