ANGI see operating loss for first quarter [MarketWatch]
Angi Inc. - Class A (ANGI)
Last angi inc. - class a earnings: 2/5 04:10 pm
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US:NASDAQ Investor Relations:
ir.angihomeservices.com/investor-overview
Company Research
Source: MarketWatch
ANGI Homeservices said late Tuesday it expects first-quarter 2020 revenue between $340 million and $345 million, and an operating loss between $15 million and $20 million. Analysts polled by FactSet expect the company to report sales around $356 million. The home services company said it had $384.2 million in cash and cash equivalents, $244.1 million of debt, which is mostly due in 2023, and $250 million available under its revolving credit facility, which expires in November 2023. "ANGI has ample access to capital to navigate current and coming economic pressures," the company said. The company withdrew its prior full-year 2020 guidance due to the impact of COVID-19 on its business; uncertainties wrought by the pandemic include economic impact on consumers and the willingness of homeowners and service professionals to resume interaction, ANGI said. Shares of ANGI fell 2.5% in the extended session after ending the regular trading day down 5.7%.
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ANGI
News
- IAC to Participate in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference [Yahoo! Finance]Yahoo! Finance
- Get Prepared for Your First New Home or Apartment With These Tips [CNET News]CNET News
- Fewer homeowners are remodeling, but demand is still ‘solid' [CNBC]CNBC
- IAC Inc. (NASDAQ:IAC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Angi Inc. (NASDAQ: ANGI) had its price target lowered by analysts at Citigroup Inc. from $4.00 to $3.25. They now have a "buy" rating on the stock.MarketBeat
ANGI
Earnings
- 5/7/24 - Beat
ANGI
Sec Filings
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- 5/2/24 - Form DEFA14A
- ANGI's page on the SEC website