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.
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 (NYSEFVRR) and the rest of the gig economy stocks fared in Q4.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the gig economy industry, including Lyft (NASDAQLYFT) and its peers.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the gig economy industry, including DoorDash (NASDAQDASH) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Uber (NYSEUBER) and the best and worst performers in the gig economy industry.
Shares of home services online marketplace ANGI (NASDAQANGI)
jumped 4.6% in the afternoon session after the company reported strong fourth-quarter results, significantly surpassing analysts' sales and profit expectations. Its service request volume, a key pulse check on customer demand, exceeded Wall Street estimates, driving the revenue beat. The company didn't explicitly provide sales forecasts but gave EBITDA guidance in line with consensus estimates, which is reassuring. Zooming out, we think this quarter featured some important positives.
Home services online marketplace ANGI (NASDAQANGI) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 10.8% year on year to $267.9 million. Its GAAP loss of $0 per share was in line with analysts’ consensus estimates.
Shares of home services online marketplace ANGI (NASDAQANGI)
jumped 9% in the afternoon session after IAC's board approved a plan to fully spin off its stake in Angi. As part of the move, Joey Levin will step down as IAC CEO to become Executive Chairman of Angi. The spin-off is expected to give IAC shareholders direct ownership of Angi, fully separating the two companies. It will also eliminate Angi's dual-class structure, streamlining its governance. This simplified structure is expected to support Angi's growth by providing more flexibility to make acquisitions, raise capital, and attract talent.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at gig economy stocks, starting with Lyft (NASDAQLYFT).
Over the last six months, Angi’s shares have sunk to $1.84, producing a disappointing 18.6% loss - a stark contrast to the S&P 500’s 13.5% gain. This might have investors contemplating their next move.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Angi (NASDAQANGI) and the best and worst performers in the gig economy industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at DoorDash (NYSEDASH) and its peers.
