Angi Inc. - ANGI STOCK NEWS

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.

On August 12, 2020, ANGI Homeservices announced an intention to offer $500 million in senior notes due 2028 through its subsidiary, ANGI Group. The offering aims to attract qualified institutional buyers and will utilize net proceeds for general corporate purposes, including potential acquisitions and capital return. The Notes will not be registered under the Securities Act. ANGI operates platforms connecting consumers with service professionals across various home improvement categories, fostering over 150 million consumer-to-pro connections.

ANGI Homeservices (NASDAQ: ANGI) shared its second quarter financial results, which can be accessed on their investor relations website. A virtual conference call is scheduled for August 11, 2020, at 8:30 a.m. ET, featuring key executives from ANGI and IAC. The company connects consumers with home service professionals across North America and Europe, boasting over 230,000 active service pros for more than 25 million projects annually. ANGI is also known for brands like HomeAdvisor and Angie’s List.

ANGI Homeservices (NASDAQ: ANGI) is set to release its second quarter financial results after market close on August 10, 2020. A virtual conference call will be held on August 11, 2020, at 8:30 a.m. EDT, where the company's executives will discuss the results and address questions. ANGI operates widely across home service categories, connecting consumers with over 250,000 service professionals for various projects annually. This call is an opportunity for investors to gain insights into the company’s performance and future outlook.