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.
About Angi Inc. (NASDAQ: ANGI)
Angi Inc. is a leading digital platform dedicated to simplifying the homeownership experience by connecting homeowners with a vast network of skilled service professionals. From small repairs to large-scale renovations, Angi empowers homeowners to find, hire, and manage home service providers with ease. Operating under well-known brands such as Angi, HomeAdvisor, and Handy, the company offers a comprehensive solution for researching, booking, and completing home improvement projects.
Business Model and Revenue Streams
Angi's business model is built on three primary revenue segments: Ads and Leads, Services, and International. The 'Ads and Leads' segment generates the majority of the company's revenue by connecting service professionals with homeowners seeking their expertise. Through subscription-based advertising and lead generation, Angi enables service providers to grow their businesses while ensuring homeowners receive quality service. Additionally, the 'Services' segment offers pre-priced options, allowing customers to book and pay for services directly through the platform. The company also has a growing international presence, particularly in Europe and Canada, further diversifying its revenue streams.
Industry Context and Market Position
Angi operates within the expansive and evolving home services industry, which encompasses everything from home repairs and cleaning to landscaping and remodeling. With the rising trend of homeowners opting to renovate rather than relocate, Angi is well-positioned to capitalize on the increasing demand for reliable and convenient home services. The company addresses common homeowner pain points, such as the stress of finding trustworthy professionals and managing project costs, by offering a seamless digital experience and a robust network of over 230,000 vetted service providers.
Competitive Landscape and Differentiation
In a competitive market that includes platforms like Thumbtack and TaskRabbit, Angi distinguishes itself through its extensive professional network, user-friendly platform, and commitment to quality. The company also invests in initiatives to address industry challenges, such as the skilled labor shortage, through programs like the Angi Trade Up Scholarship. This initiative not only supports the next generation of tradespeople but also reinforces Angi's role as a leader in the home services ecosystem.
Commitment to Homeowners and Service Providers
Angi's mission extends beyond connecting homeowners with service professionals. The platform provides tools for cost research, project inspiration, and seamless booking, ensuring a positive experience for both customers and professionals. By fostering trust and transparency, Angi helps homeowners achieve their project goals while enabling service providers to grow and thrive in their businesses.
Looking Ahead
With over 25 years of experience in the home services industry, Angi continues to innovate and adapt to the changing needs of homeowners and professionals. The company's focus on sustainability, technology integration, and support for skilled trades positions it as a key player in shaping the future of homeownership and home improvement.
IAC, a NASDAQ-listed company, is set to participate in the Oppenheimer 27th Annual Technology, Internet & Communications Conference on Tuesday, August 13, 2024. Christopher Halpin, the Executive Vice President, CFO and COO of IAC, will engage in a fireside chat at 1:15 p.m. ET.
This event presents an opportunity for investors and industry professionals to gain insights into IAC's operations and strategies. The company has made provisions for public access to both a live webcast and replay of the fireside chat, which will be available in the IR section of IAC's official website at https://ir.iac.com/events-and-presentations.
Angi Inc. (NASDAQ: ANGI) has released its second quarter financial results for 2024 on its investor relations website. The company will host a conference call on August 7, 2024, at 8:30 a.m. ET to discuss the results and answer questions. Key participants in the call include Joey Levin (CEO of IAC and Chairman of Angi Inc.), Jeffrey Kip (CEO of Angi Inc.), and Christopher Halpin (Executive VP, CFO and COO of IAC). The audiocast and replay will be publicly available on Angi's investor relations site.
IAC (NASDAQ: IAC) has released its second quarter financial results and a letter to shareholders on its investor relations website. The company will host a conference call on August 7, 2024, at 8:30 a.m. ET to discuss the results and answer questions. Key participants in the call will include Joey Levin (CEO of IAC and Chairman of Angi Inc.), Jeffrey Kip (CEO of Angi Inc.), and Christopher Halpin (Executive Vice President, CFO and COO of IAC). The audiocast and replay will be accessible to the public through the IAC investor relations site.
Angi Inc. (NASDAQ: ANGI) has announced its schedule for releasing Q2 2024 financial results. The company will post its second quarter results on Tuesday, August 6, 2024, after the market closes. This will be followed by a joint conference call with IAC on Wednesday, August 7, 2024, at 8:30 a.m. ET. During this call, both companies will address questions regarding their respective Q2 results. Investors and the public can access the live audiocast and replay through the investor relations section of Angi's website at ir.angi.com/quarterly-earnings.
IAC (NASDAQ: IAC) has announced its plans to release its second quarter 2024 financial results after market close on Tuesday, August 6, 2024. Simultaneously, IAC CEO Joey Levin will publish a shareholder letter, which may contain forward-looking information about IAC's business. The company will host a live conference call to discuss the Q2 results on Wednesday, August 7, 2024, at 8:30 a.m. ET. Investors and analysts can access the call via IAC's IR website or by dialing (833) 470-1428 for domestic callers and (404) 975-4839 for international callers. The conference ID is 781977. An audio replay will be available for seven days following the call.
IAC (NASDAQ: IAC) will take part in the 52nd Annual TD Cowen Technology, Media and Telecom Conference on May 30, 2024. Christopher Halpin, Executive Vice President, CFO, and COO of IAC, will join a fireside chat at 11:25 a.m. ET. The event will feature both a live audio webcast and a replay, accessible to the public via the IR section of IAC's website.
Angi released its Skilled Trades in America Report on May 21, 2024, revealing that job satisfaction among tradespeople is exceptionally high, with nearly 90% of respondents satisfied with their careers. This figure has increased from 83% since the pandemic. Despite concerns in other industries about AI replacing jobs, 65% of tradespeople feel secure, with only 11% worried about AI. However, the report highlights a significant skilled labor shortage, with over 66% of professionals believing they could grow their businesses if they found more qualified workers. Angi's Trade Up Initiatives, including scholarships, a partnership with BlueRecruit, and a public awareness campaign, aim to attract new talent and combat the stigma surrounding trade careers.
IAC (NASDAQ: IAC) announced its participation in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 22, 2024.
Joey Levin, CEO of IAC and Chairman of Angi Inc., will engage in a fireside chat at 10:00 a.m. ET.
The fireside chat will be accessible both live and via replay on the IR section of IAC's website.
Angi Inc. (NASDAQ: ANGI) released its first quarter financial results on their website, with a conference call scheduled to discuss the results. The call, led by key executives, will take place on May 8, 2024.
IAC released its first-quarter financial results and a letter to shareholders, available on its website. A conference call with Angi Inc. will discuss the results on May 8, 2024.
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