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.
IAC reported monthly metrics for Angi Inc. (NASDAQ: ANGI) for May 2021, which can be accessed on their investor relations website. Angi provides comprehensive home services, transforming customer interactions with over 25 years of expertise and a network of 250,000 professionals. The company has assisted over 150 million customers, enhancing their home care journey. IAC maintains majority ownership of Angi, which also includes brands like HomeAdvisor Powered by Angi and Handy.
IAC (NASDAQ: IAC) announced the departure of CFO Glenn H. Schiffman, who will pursue a new opportunity after a transitional period. The company has commenced a search for a permanent replacement, while financial leadership will be managed by existing senior executives who will report directly to CEO Joey Levin. Schiffman expressed gratitude for his tenure and commitment to IAC's success, remaining on the board of Angi Inc. (NASDAQ: ANGI). IAC continues to uphold its mission to build companies and maintain shareholder value.
Angi has released its second annual Economy of Everything Home Report, estimating the total addressable market (TAM) for home services in the U.S. at $595 billion, covering 728.3 million household projects for 2021. The TAM is divided into three sectors: home improvement ($376.9 billion), home maintenance ($157.7 billion), and emergency repair ($60.6 billion). Factors such as supply shortages, rising input prices, and demographic trends are expected to drive future growth, as indicated by Angi's Chief Economist Mischa Fisher.
Angi Inc. (NASDAQ: ANGI) will participate in the JP Morgan Technology, Media and Communications Conference on May 24, 2021. CEO Oisin Hanrahan will engage in a fireside chat at 11:45 a.m. ET. A live audiocast of the event will be accessible to the public, providing insights into Angi's operations and future plans. The video replay will be available after the event, enhancing accessibility for stakeholders. Angi boasts over 250,000 professionals in its network and has assisted over 150 million customers with home-related services and products.
Angi Inc. (NASDAQ: ANGI) announced its first quarter financial results and scheduled a live stream for May 7, 2021, at 8:30 a.m. EDT to discuss these results along with IAC’s. The conference will feature top executives including Joey Levin and Oisin Hanrahan. Angi, a leader in home services, has served over 150 million customers through its network of 250,000 professionals. The company continues to innovate in home care solutions, reflecting over 25 years of industry experience.
Handy, an operating business of Angi, has partnered with Nestig to provide crib assembly services. Nestig customers can book Handy professionals for assembly at home, seven days a week, starting at $99 for a two-hour job. This partnership aims to alleviate stress for new parents and enhance the nursery setup experience. Handy has also implemented safety measures in response to COVID-19 to ensure protection for both customers and professionals. Handy focuses on delivering a seamless home service experience, with access to a variety of services nationwide.
Angi Inc. (NASDAQ: ANGI) will release its first quarter results on May 6, 2021, after market close. A live video conference with IAC will follow on May 7, 2021, at 8:30 a.m. EDT, discussing these results. Angi offers a comprehensive solution for home needs, boasting over 25 years of experience and a network of nearly 250,000 professionals, having assisted more than 150 million customers.
Handy, a subsidiary of Angi, has partnered with Savvy to enhance home service offerings for renters. Property managers utilizing Savvy can now easily book Handy professionals for various tasks, including furniture assembly and cleaning, starting at $99 for a two-hour job. This partnership aims to simplify the move-in process for urban residents, providing them access to reliable home services. Handy has also adopted a Safety Standard in response to COVID-19, ensuring a secure environment for customers and service providers. This collaboration targets Savvy's marketplace of over 180,000 renters.
IAC has released its monthly metrics for March 2021, highlighting the performance of Angi Inc. (NASDAQ: ANGI). Angi is a comprehensive home services platform, aiding over 150 million users with a network of nearly 250,000 professionals. With over 25 years of experience, Angi aims to transform customer experiences in home repairs, renovations, products, and financing. IAC maintains majority ownership of Angi, which includes HomeAdvisor and Handy.
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