ANGI Homeservices Stock News

Media and internet conglomerate IAC (IAC) announced that it planned to spin off its full stake in home services site Angi (ANGI) to its shareholders and said it would shake up IAC's executive leadership.

Angi Announces Joey Levin will guide Angi's next chapter as Executive Chairman NEW YORK and DENVER , Jan. 13, 2025 /PRNewswire/ -- IAC (NASDAQ: IAC) announced today its Board of Directors has approved a plan to spin off IAC's full stake in Angi (NASDAQ: ANGI), a leading platform for home services, to IAC shareholders. IAC will also reorganize its leadership: Joey Levin will leave his role as IA...

Angi is a turnaround story, but the management is delivering on the stated objectives of improving profitability. Other KPIs are pointing to success in the quality-over-quantity approach by the company. We think the biggest issue is not in performance, but in the spin-off announcement by its parent which holds a 85% stake in Angi.

Angi Inc. (NASDAQ:ANGI ) Q3 2024 Earnings Call November 12, 2024 8:30 AM ET Company Participants Joey Levin - Chief Executive Officer, IAC and Chairman, Angi Inc. Jeff Kip - Chief Executive Officer Christopher Halpin - Executive Vice President, Chief Financial Officer and Chief Operating Officer, IAC Conference Call Participants Cory Carpenter - JPMorgan Jason Helfstein - Oppenheimer John Black...

Angi, the home improvement site once known as Angie's List, could soon be on the market as parent IAC Inc. seeks to simplify itself and free up capital.

NEW YORK , Nov. 11, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its third quarter financial results and a letter to shareholders on the investor relations section of its website at https://ir.iac.com/quarterly-results.  As announced previously, IAC and Angi Inc. will host a conference call to discuss both companies' respective third quarter results and to answer questions.

DENVER, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Angi Inc. (NASDAQ: ANGI) posted its third quarter financial results on the investor relations section of its website at ir.angi.com/quarterly-earnings . As announced previously, Angi Inc. and IAC will host a conference call to discuss both companies' respective third quarter results and to answer questions. The call will be held on Tuesday, November 12,...

IAC is weighing a spinoff of its 85% stake in home improvement services platform Angi. The company said there's no specific timeline for when the Angi spinoff will take place, but a transaction would likely occur by the end of IAC's second quarter.