Edition:
United States

Angie's List Inc (ANGI.OQ)

ANGI.OQ on NASDAQ Stock Exchange Global Select Market

11.83USD
26 May 2017
Change (% chg)

$-0.15 (-1.25%)
Prev Close
$11.98
Open
$11.95
Day's High
$12.00
Day's Low
$11.78
Volume
171,706
Avg. Vol
232,360
52-wk High
$12.06
52-wk Low
$5.22

Latest Key Developments (Source: Significant Developments)

Angie's List Q1 revenue $73.1 million
Tuesday, 2 May 2017 04:30pm EDT 

May 2 (Reuters) - Angie's List Inc :Angie's List reports first quarter 2017 results and merger with IAC's HomeAdvisor.Q1 revenue $73.1 million versus I/B/E/S view $74.5 million.Angie's List Inc says Q1 gross member additions of 860,000, up 357% from 188,000 in q1 of 2016.Angie's List Inc - in light of pending merger, Angie's List will not be hosting a conference call for its q1 2017 results.Angie's List Inc - qtrly net income per common share - diluted $ 0.03.Qtrly earnings per share $0.03.  Full Article

IAC's HomeAdvisor to combine with Angie's List
Monday, 1 May 2017 05:20pm EDT 

May 1 (Reuters) - Angie's List Inc ::co's stockholders to have right to elect to receive either 1 share of class a common stock of ANGI Homeservices Inc or $8.50/share cash​ .IAC's HomeAdvisor to combine with Angie's List.Angie's List Inc says transaction has been approved by boards of directors of both companies.combined company will have a target five-year compound annual growth rate of revenue of 20 to 25 percent.upon completion of deal, IAC will own between about 87 percent & about 90 percent of equity value of combined company.combined company will have a target adjusted ebitda margin that will ramp to approximately 35 percent.Angie's List Inc says HomeAdvisor CEO Chris Terrill will assume role of CEO of ANGI Homeservices Inc.IAC CEO Joey Levin will also serve as chairman of board of directors of ANGI Homeservices Inc.Angie's List Inc says by end of 2018, management expects to fully implement $100 to $250 million of annualized synergies.under terms of merger agreement, Angie's List will merge with a subsidiary of ANGI Homeservices Inc.Thomas Evans, current chairman of Angie's List and Angie Hicks, Angie's List co-founder expected to join board of ANGI Homeservices Inc.IAC will designate a majority of initial members of board of directors of combined company.under terms, total amount of cash available in transaction to be capped at $130 million.IAC, co entered into deal to combine IAC's HomeAdvisor and co into new publicly-traded company, to be called ANGI Homeservices Inc.  Full Article

IAC plans to buy Angie's List- WSJ, citing sources
Monday, 1 May 2017 04:15pm EDT 

May 1 (Reuters) - :IAC plans to buy Angie's List- WSJ,citing sources.IAC plans to offer $8.50 a share for Angie's, deal would value Angie's List at more than $500 million- WSJ,citing sources.  Full Article

Angie's List qtrly loss per share $0.28
Tuesday, 1 Nov 2016 07:30am EDT 

Angie's List Inc : Says q3 revenue of $79.7 million as compared to $87.0 million for q3 of 2015 . Decided to explore strategic alternatives to achieve full potential of new platform . Recently engaged allen & company llc and BofA Merrill lynch to explore these strategic opportunities . Angie's list - now able to execute additional $15 million to $20 million of annualized cost efficiencies, reductions in q4 that will benefit 2017 and beyond . Qtrly loss per share $0.28 . Q3 earnings per share view $-0.14 -- Thomson Reuters I/B/E/S . Angie's list reports third quarter 2016 results .Q3 revenue $79.7 million versus i/b/e/s view $82 million.  Full Article

Angie's List elects Thomas R. Evans as chairman of the board
Friday, 7 Oct 2016 07:30am EDT 

Angie's List Inc : Angie's List elects Thomas R. Evans as chairman of the board . Evans has been elected chairman of board, replacing John H. Chuang, who resigned from his position as director and chairman . Steven M. Kapner, director, has also stepped down from board, effective on October 3, 2016. .Board has been reduced in size to 10 members from 12..  Full Article

Angie's List reports Q2 earnings per share $0.08
Wednesday, 27 Jul 2016 07:30am EDT 

Angie's List Inc : Q2 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S . Angie's list reports second quarter 2016 results . Q2 revenue $83.1 million versus I/B/E/S view $86.2 million . Q2 operations and support expense was $10.2 million, a decrease from $15.5 million in year-ago quarter .Q2 expenses down due to implementation of a digital content distribution strategy, and lower compensation and personnel-related costs.  Full Article

IAC/InterActivecorp to acquire Angie's List For $8.75 Per Share
Wednesday, 11 Nov 2015 04:05pm EST 

IAC/InterActivecorp:Announced that it has proposed to acquire all of the outstanding shares of Angie's List, Inc common stock for $8.75 per share.Transaction proposed to the Angie's List Board of Directors would be structured as an all-cash deal.Proposal represents a premium of 50% over the unaffected Angie's List share price and trailing 90 day average trading price.Says IAC expects that a transaction could be consummated expeditiously, with no financing condition.IAC indicated willingness to consider combination of Angie's list with IAC'S homeadvisor business through tax-free stock-for-stock exchange.  Full Article

Angie's List Inc updates FY 2015 guidance
Wednesday, 21 Oct 2015 07:00am EDT 

Angie's List Inc:Updates its FY 2015 guidance for revenue and adjusted EBITDA.Expects FY 2015 revenue of $344 million to $348 million, an adjustment from its previous revenue guidance range of $357 million to $363 million.Expects adjusted EBITDA to be in the range of $27 million to $30 million for FY 2015, an adjustment from prior guidance of $30 million to $32 million resulting from lower expected revenue, one-time expenses as well as professional services fees related to activist activity in the company's stock.  Full Article

Angie's List announces relationship with masonite
Tuesday, 22 Sep 2015 08:30am EDT 

Angie's List Inc:Announces a strategic relationship with Masonite International Corporation.Says under this agreement, Masonite will offer benefits to Angie's List service providers who buy Masonite doors for installation in the homes of Angie's List members.Says in addition, members will be able to purchase pre-packaged offers from the Angie's List online marketplace that include Masonite doors and installation services.  Full Article

Angie's List Inc announces appointment of Scott durchslag as president and chief executive officer
Tuesday, 8 Sep 2015 08:30am EDT 

Angie's List Inc:Announces appointment of Scott durchslag as president and chief executive officer.  Full Article

More From Around the Web

BRIEF-Angie's List Q1 revenue $73.1 million

* Angie's List reports first quarter 2017 results and merger with IAC's HomeAdvisor