Over 1 Year Ago
1 Min Read
ANGI down -16%. What's going on:
Homeservices Inc (ANGI) is trading -16% lower at $5.135 today.
- Q2 GAAP EPS: -$0.05 beats by $0.01
- Revenue: $515.8M (+22.5% Y/Y) beats by $20.39M
- Adjusted EBITDA of $9.7M vs -$4.4M in Q2 2021
- Gross profit increasing 10% to $388M
- CEO Oisin Hanrahan: “Consumer demand has slowed, particularly on discretionary tasks...This has led to pros being more engaged, because every job we have is worth more to a pro.”
Homeservices Inc has been trading between a 52-week high of $14.92 and a 52-week low of $3.47. The stock has a market cap of $412 Million.
ANGI Inc. turns home improvement jobs imagined into jobs well-done. People throughout North America and Europe rely on us to book quality home service pros across 500 different categories, from repairing and remodeling to cleaning and landscaping.
Headlines
IAC Earnings Release and Letter to Shareholders Available on Company''s Website
PR Newswire 08-09-22
Angi Inc. Earnings Release Available on Company''s Website
Benzinga 08-09-22
Angi Homeservices Q2 2022 Earnings Preview
Seeking Alpha 08-08-22
Angi Inc. (NASDAQ: ANGI) Shares Rose Recently, But Trouble Could Still Be Around The Corner.
Stocks Register 07-25-22
12-Month Price Target For Angi Inc. (NASDAQ:ANGI) Now Sits At $15.00
Marketing Sentinel 07-22-22
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