Welcome to our dedicated page for Angi news (Ticker: ANGI), a resource for investors and traders seeking the latest updates and insights on Angi stock.
Angi Inc. (NASDAQ: ANGI) is a premier platform connecting homeowners with quality home service professionals across various categories, including repair, remodeling, cleaning, and landscaping. Angi Inc. operates through three primary segments: Ads and Leads, Services, and International (Europe and Canada). With a robust network of over 230,000 service professionals, Angi facilitates the process of researching, finding, and hiring skilled pros for a range of home projects, from minor repairs to major renovations.
Founded in 1995, Angi Inc. has grown significantly, helping over 150 million people maintain and improve their homes. The company also supports hundreds of thousands of small local businesses, fostering their growth by connecting them with a steady stream of clients. Angi's extensive brand portfolio includes Angi, HomeAdvisor, and Handy, making it a trusted name in home services.
Angi Inc. recently posted its fourth quarter financial results, highlighting its continued commitment to transparency and investor relations. The company, alongside IAC, hosted a conference call to discuss the results, led by key leaders such as Joey Levin, CEO of IAC and Angi Inc., and Christopher Halpin, EVP, CFO, and COO of IAC.
In its latest initiatives, Angi has launched the Angi Trade Up Scholarship Program and expanded its partnership with BlueRecruit to address the skilled labor shortage in the trades industry. These efforts are aimed at raising awareness about the benefits of careers in the trades and providing support to prospective students. The Angi Trade Up Digital Career Fair, part of this initiative, connects job seekers with Angi's network of home service pros, fostering new opportunities and growth in the industry.
With a focus on innovation, customer satisfaction, and industry growth, Angi Inc. continues to be a leading force in the home services market, ensuring that homeowners receive quality service and professionals have the tools and opportunities to succeed.
On Sept. 21, 2021, Angi released its second annual Skilled Trades in America Report, revealing that 83% of tradespeople are satisfied with their jobs amidst a national labor shortage. Despite high job satisfaction and demand for home services, 77% of tradespeople believe the labor shortage has worsened over the past year. Key findings include 68% struggling to hire qualified workers, and over half stating workforce shortages hinder growth. The report emphasizes the need for diversified recruitment efforts to attract underrepresented groups in the industry.
IAC released its metrics for August 2021, featuring data on Angi Inc. (NASDAQ: ANGI). Angi, with over 25 years in the home services industry, connects customers with a network of 250,000 professionals, having assisted more than 150 million users with home needs. IAC holds majority ownership of Angi and emphasizes its commitment to innovation and growth. The metrics outlined by IAC are available on its investor relations website.
According to a new Angi survey, 81% of U.S. homeowners engaged in DIY projects during the pandemic. While DIY offers benefits like saving money (62%) and learning new skills (47%), many found it more challenging and costly than anticipated. Over 40% reported projects exceeded their budgets, and nearly 80% faced mistakes, ranging from minor errors to serious safety issues. Despite these challenges, 93% plan to undertake more DIY projects in the next year, illustrating the trend's resilience even as lockdowns ease.
Angi Appoints Dhanusha Sivajee as CMO
On September 1, 2021, Angi (NASDAQ: ANGI) announced the hiring of Dhanusha Sivajee as the Chief Marketing Officer, starting September 7. Sivajee, with over 20 years of experience from brands like The Knot Worldwide, Bloomberg, and HBO, is set to lead Angi's brand strategy and marketing efforts as it continues to transform from Angie’s List. Angi's innovations include a network of 250,000 service professionals and new offerings like Angi Services and Angi Key, aimed at enhancing customer experience.
Angi Inc. (NASDAQ: ANGI) will disclose its second quarter financial results on August 5, 2021, during a live-streamed video conference with IAC executives. The event will feature leaders including Joey Levin and Oisin Hanrahan, addressing both companies' results and responding to audience questions. Angi offers a broad range of home services and has a network of over 250,000 professionals, assisting more than 150 million people. This quarterly presentation is pivotal for investors seeking insights into Angi's performance and future outlook.
Angi Inc. (NASDAQ: ANGI) will participate in the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 10, 2021. CEO Oisin Hanrahan is scheduled for a fireside chat at 8:15 a.m. ET. A live stream will be available for public viewing. Following the event, a video replay can be accessed on Angi's investor relations website.
With over 25 years in the industry and a network of 250,000 professionals, Angi provides a comprehensive solution for home needs, supporting over 150 million customers.
Angi Inc. (NASDAQ: ANGI) will release its Q2 2021 earnings on August 4, 2021, after market close. A live video conference with IAC will be held on August 5, 2021, at 8:30 a.m. EDT to discuss the results. Angi has a broad range of services for home needs, supported by over 250,000 professionals and has catered to more than 150 million customers over the last 25 years. The company aims to enhance the customer experience across all home care aspects.
Angi (NASDAQ: ANGI) has launched 'Angi Key,' a new membership service aimed at simplifying home maintenance and improvement for homeowners. At an annual fee of $29.99, members receive 20% discounts on various services, including plumbing and electrical work, and benefit from the Happiness Guarantee. Since its beta phase, Angi Key membership has grown to over 100,000 members, saving users over $5 million collectively. Angi aims for this service to cater to the increasing home care demands, especially among millennials, who are spending an average of $13,138 on home projects annually.
IAC has released monthly metrics for June 2021, highlighting the performance of Angi Inc. (NASDAQ: ANGI). Angi, a leader in home services, boasts a network of over 250,000 professionals and has assisted more than 150 million customers with various home care needs. The company aims to enhance the customer journey by providing comprehensive solutions for home repairs, renovations, and financing. IAC holds majority ownership of Angi and is committed to evolving its business model in the home service industry.
Angi Inc. (NASDAQ: ANGI) announced the appointment of Jeff Pedersen as Chief Financial Officer, effective July 19, 2021. Pedersen, with over 25 years of experience in tech finance, previously held leadership roles at Amazon, Dell, IBM, and Handy. His expertise in scaling businesses is expected to enhance Angi's growth as it transforms its home services offerings. CEO Oisin Hanrahan emphasized the importance of Pedersen's tech background in accelerating the company’s mission to connect consumers with home service professionals.
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