Angi Inc is a leading digital marketplace that connects homeowners with service professionals for various home improvement and repair projects. The company provides a platform where users can find and hire local contractors for services such as plumbing, landscaping, and remodeling. By offering customer reviews, ratings, and detailed service offerings, Angi aims to simplify the process of home project management while enhancing the overall customer experience. Through its innovative technology and extensive network of professionals, Angi Inc strives to empower homeowners to make informed decisions and to foster relationships between consumers and service providers. Read More
Shares of home services online marketplace ANGI (NASDAQ: ANGI)
jumped 29.5% in the afternoon session after the company reported impressive first quarter 2025 results which beat analysts' revenue, EPS, and EBITDA expectations. The real story for the quarter was the profit rebound, a turnaround from the prior year driven by cuts in acquisition and marketing costs.
On the other hand, its number of requests declined, and it pulled its full-year guidance. Still, we think this was a solid quarter with some key areas of upside.
Home services online marketplace ANGI (NASDAQ: ANGI) beat Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 19.5% year on year to $245.9 million. Its GAAP profit of $0.30 per share was significantly above analysts’ consensus estimates.
DENVER, May 06, 2025 (GLOBE NEWSWIRE) -- Angi Inc. (NASDAQ: ANGI) posted its first quarter financial results and a letter to shareholders from CEO Jeffrey Kip on the investor relations section of its website at ir.angi.com/quarterly-earnings. As announced previously, Angi Inc. will host a conference call to discuss the company’s first quarter results and to answer questions. The call will be held on Wednesday, May 7, 2025, at 8:30 a.m. ET. Jeffrey Kip, CEO and Andrew Russakoff, CFO will participate.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
The past year hasn't been kind to the stocks featured in this article.
Each has tumbled to their lowest points in 12 months, leaving investors to decide whether they're witnessing fire sales or falling knives.
DENVER, April 09, 2025 (GLOBE NEWSWIRE) -- After the close of market trading on Tuesday, May 6, 2025, Angi Inc. (NASDAQ: ANGI) will post its first 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 May 7, 2025, at 8:30 a.m. ET, Angi Inc. will host a conference call to answer questions regarding the company’s first quarter results.
Whether it be online shopping or social media, secular forces are propelling consumer internet businesses forward. Luckily for them, the market seems to believe there is still more growth ahead.
This assumption has enabled the industry to fair a bit better than the broader market recently
as it has recorded a loss of 5.3% over the past six months versus a 8.1% decline for the S&P 500.
Following the worst quarterly performance for U.S. stocks in over two years, caution dominated Wall Street as investors awaited details on the tariff plans expected from the Trump administration on Wednesday.
Curious to know what's happening on the US markets in the middle of the day on Monday? Join us as we explore the top gainers and losers in today's session.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the gig economy industry, including Upwork (NASDAQ:UPWK) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how gig economy stocks fared in Q4, starting with Angi (NASDAQ:ANGI).
Shareholders of Angi would probably like to forget the past six months even happened. The stock has dropped 42% and now trades at a new 52-week low of $1.53. This may have investors wondering how to approach the situation.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Fiverr (NYSE:FVRR) and the rest of the gig economy stocks fared in Q4.
