Angie's List Inc (ANGI) Releases Earnings Results, Beats Expectations By $0.12 EPS

Angie's List Inc (ANGI) reported quarterly earnings results on Wednesday, Jul-27-2016. The company said it had a profit of $0.08 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.12. Analysts had a consensus of $-0.04. The company posted revenue of $83.06 million in the period, compared to analysts expectations of $86.20 million. The company’s revenue was down -4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.14 EPS.

Angie's List Inc closed down -0.01 points or -0.12% at $8.49 with 3,70,601 shares getting traded on Thursday. Post opening the session at $8.52, the shares hit an intraday low of $8.26 and an intraday high of $8.619 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Apr 26, 2016, Michael S Maurer (director) purchased 12,000 shares at $8.27 per share price. According to the SEC, on Jul 30, 2015, Charles Hundt (Chief Accounting Officer) purchased 13,579 shares at $4.47 per share price. On Jul 29, 2015, Mark Britto (director) purchased 15,000 shares at $4.35 per share price, according to the Form-4 filing with the securities and exchange commission.

Angie’s List Inc helps facilitate transactions between more than three million consumers nationwide and its collection of service providers in approximately 720 categories of service ranging from home improvement to health care. The Company connects consumers directly to its online marketplace of services from member-reviewed providers and offers tools and support designed to improve the local service experience for both consumers and service professionals. The Company’s member is between the ages of 35 and 64 is married owns a home is college educated and has an annual household income of at least $100000.

Angie's List Inc

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