Angi Inc Stock Price, News & Analysis

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.

HomeAdvisor, a digital marketplace under ANGI Homeservices (NASDAQ: ANGI), has expanded its payment tool, HomeAdvisor Pay, enabling service pros to accept payments from all homeowners nationwide. Since its launch in April 2020, it has processed approximately $100,000 daily, facilitating millions in total payments. This tool offers a contactless payment option, addressing consumer preferences heightened by the COVID-19 pandemic. A survey indicates that 92% of homeowners plan to hire pros this year, pushing demand for digital solutions.

IAC released September metrics for ANGI Homeservices, highlighting its extensive network of over 230,000 service professionals across North America and Europe. The platforms facilitate consumer connections for home improvement projects, enabling more than 25 million projects annually. IAC, which owns several brands including HomeAdvisor and Angie’s List, emphasizes its role in transforming the home service industry through effective matchmaking. This report underscores the company's commitment to connecting consumers with quality home service pros.

HomeAdvisor released a report titled Skilled Trades in America, examining job opportunities within the $500 billion home services industry. The survey revealed that 82% of skilled trades professionals are satisfied with their careers, yet 71% report a shortage of skilled labor. Only 10% of workers in certain trades are women, highlighting diversity issues. Recommendations include improved recruitment via vocational programs in high schools and enhancing the perception of blue-collar work. The report is based on responses from 3,766 professionals during late 2019 and early 2020.

On September 14, 2020, IAC announced the release of its monthly metrics for August, available on their investor relations website. ANGI Homeservices, a subsidiary of IAC, provides a platform for home improvement services across North America and Europe, connecting consumers with over 230,000 service professionals. The company facilitates more than 25 million projects annually, offering services in over 500 categories, including remodeling, cleaning, and landscaping. ANGI operates renowned brands like HomeAdvisor, Angie’s List, and Handy, redefining home service accessibility.

ANGI Homeservices (NASDAQ: ANGI) announced the appointment of Christopher Bohnert as Senior Vice President, Chief Accounting Officer and Controller, effective immediately. Bohnert, who joined as Corporate Controller earlier this year, brings over 20 years of accounting and financial reporting experience. He succeeds Michael Schwerdtman, who retains his position as Senior Vice President and Controller of IAC/InterActiveCorp. The leadership change aims to enhance ANGI's accounting operations and SEC reporting as the company continues its growth trajectory.

ANGI Homeservices announced the sale of $500 million in senior notes due 2028 at a 3.875% interest rate. The private offering, set to close on August 20, 2020, will fund general corporate purposes including potential acquisitions. The notes, guaranteed by certain subsidiaries, will be offered only to qualified institutional buyers and non-U.S. persons and are not registered under the Securities Act. ANGI operates a platform for home service professionals, connecting consumers to service providers for over 25 million projects annually.