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0 0.0843806104129263 0.0843806104129263 -0.00897666068222618 0.0161579892280072 0.0771992818671454 0.0754039497307002 0.0754039497307002
Stock impact report

ANGI Reports Selected Preliminary Financial Information for Q1 2020

Angi Inc. - Class A (ANGI) 
Last angi inc. - class a earnings: 2/5 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.angihomeservices.com/investor-overview
Company Research Source: GlobeNewswire
DENVER, April 14, 2020 (GLOBE NEWSWIRE) -- ANGI Homeservices (NASDAQ: ANGI) released preliminary selected financial information for its first quarter today.  A letter to IAC shareholders from IAC’s CEO Joey Levin released on April 6, 2020, which includes a discussion of ANGI Homeservices, was posted on the Investor Relations section of IAC’s website at www.iac.com/Investors.        Based on information available, ANGI Homeservices expects for Q1 2020: Revenue in the range of $340-$345 millionOperating loss in the range of $15-$20 millionAdjusted EBITDA in the range of $30-$35 million As of March 31, 2020, ANGI had $384.2 million in cash and cash equivalents, $244.1 million of debt, the substantial majority of which is due in November 2023, and $250 million available under its revolving credit facility, which expires in November 2023. Accordingly, we believe ANGI has ample access to capital to navigate current and coming economic pressures. “We are in a strong position to navigat Show less Read more
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