Angi Inc Stock Price, News & Analysis

ANGI Homeservices (NASDAQ: ANGI) will release its fourth quarter results after market close on February 3, 2021. A virtual conference call with IAC will occur on February 4, 2021, at 8:30 a.m. ET to discuss these results. The company connects consumers with home service professionals in over 500 categories, facilitating more than 25 million projects annually through its various platforms, including HomeAdvisor and Angie’s List.

IAC has released its monthly metrics for December 2020, highlighting the performance of ANGI Homeservices Inc. (NASDAQ: ANGI). The company connects consumers with home service professionals across various categories, hosting over 230,000 service providers. ANGI's platforms facilitate over 25 million projects annually, significantly enhancing consumer access to home improvement services. The company operates notable brands like HomeAdvisor, Angie’s List, Handy, and Fixd Repair, redefining home service hiring practices.

HomeAdvisor, a digital home services marketplace under ANGI Homeservices (NASDAQ: ANGI), has partnered with Affirm to introduce flexible payment options for customers. This initiative allows homeowners to finance projects using HomeAdvisor Pay, choosing terms from three to 36 months, with a $5,000 project example costing $452 monthly at 15% APR. Since its launch in April 2020, HomeAdvisor Pay has processed $1 million weekly. This partnership aims to enhance payment transparency and ease, addressing the financial stress of home improvement projects.

IAC posted its monthly metrics for November 2020, highlighting performance indicators for ANGI Homeservices (NASDAQ: ANGI). The company connects consumers with over 230,000 service providers across 500 categories in North America and Europe, facilitating over 25 million projects annually. IAC maintains majority ownership of ANGI, which operates renowned brands like HomeAdvisor, Angie’s List, and Handy. This emphasizes the company's vital role in the home services market, enhancing consumer access to quality professionals.

ANGI Homeservices (NASDAQ: ANGI) announced that CFO Jamie Cohen will step down effective January 1, 2021, to pursue another opportunity. Glenn H. Schiffman, CFO of IAC, will act as interim CFO while a search for Cohen's permanent replacement is conducted. Cohen will remain in her role until the year's end and then move to an advisory position to ensure a smooth transition. CEO Brandon Ridenour praised Cohen's contributions over nearly a decade, emphasizing her role in building a strong financial foundation for the company's growth.

On Nov. 16, 2020, HomeAdvisor, a subsidiary of ANGI Homeservices (NASDAQ: ANGI), released its 2020 State of Home Spending Report. The report reveals that average spending on home services surged to $13,138 in 2020, up from $9,081 in 2019, driven by increased home improvement due to COVID-19. Key findings include 30% of projects being delayed or unstarted due to the pandemic, with a significant shift in consumer spending from entertainment to home services. Millennials are leading in home improvement expenditures, averaging $10,000.

ANGI Homeservices will participate in the Needham Virtual Internet Services Conference on November 16, 2020. CEO Brandon Ridenour is scheduled for a fireside chat at 10:00 a.m. ET. This event will be accessible via a live webcast on Needham’s website, with a replay available afterward. ANGI Homeservices connects consumers with over 230,000 service professionals for various home improvement tasks, facilitating 25 million projects annually across multiple brands. The company is headquartered in Denver, Colorado.

On November 5, 2020, ANGI Homeservices reported its third quarter financial results. The details are available on their investor relations website. A virtual conference call is scheduled for November 6, 2020, at 8:30 a.m. ET, where key executives will discuss quarterly performance and answer questions. ANGI Homeservices connects consumers with over 230,000 service professionals for home improvement projects across North America and Europe, facilitating more than 25 million projects annually.

ANGI Homeservices will release its third quarter results on November 5, 2020. The announcement will follow after market trading closes.

A virtual conference call will be held on November 6, 2020, at 8:30 a.m. EST, co-hosted by ANGI Homeservices and IAC, allowing stakeholders to discuss the third quarter results.

ANGI operates across North America and Europe, connecting consumers with over 230,000 service professionals for home improvement projects. The company emphasizes its role in transforming the home services marketplace.