Angi Inc. Announces Third Quarter Financial Results

Angi Inc. Shares Exciting Financial Results for Third Quarter

Angi Inc. (NASDAQ: ANGI) has recently released its financial results for the third quarter, showcasing impressive growth and continued innovation in the home services sector. This update underlines Angi's steadfast commitment to helping homeowners tackle their home improvement projects while also supporting local service professionals.

Details of the Financial Report

The financial results are now accessible on Angi's investor relations website, allowing stakeholders and the public to review the company's performance in detail. It reflects not only the revenue generated during the quarter but also highlights Angi's strategic initiatives aimed at enhancing customer engagement and service offerings.

Conference Call for Stakeholders

To further discuss these results, Angi will host a conference call featuring key executives including Joey Levin, CEO of IAC and Chairman of Angi, and the CEO of Angi Inc., Jeffrey Kip. The call aims to address the implications of these results for both Angi and its parent company, IAC. Investors are encouraged to participate in this informative session, scheduled for an upcoming date.

The Evolution of Angi Inc.

Since its inception in 1995, Angi has transformed the landscape of home improvement services. Initially created to connect homeowners with skilled professionals, Angi has expanded its offerings significantly over the years. The platform now assists users in everything from finding and hiring contractors to exploring project ideas and estimating costs.

Helping Homeowners and Professionals

With a vast network of skilled home pros across the country, Angi has successfully helped over 150 million homeowners enhance their living spaces, facilitating a smoother process for maintaining and improving homes. Concurrently, Angi also supports small local businesses, helping them thrive in a competitive environment.

About IAC and Its Vision

IAC (NASDAQ: IAC), which oversees Angi Inc., fundamentally believes in innovation and the growth of its companies. IAC focuses on not only creating new brands but also acquiring existing companies that align with its vision. The organization has fostered numerous successful public companies through disciplined financial management and strategic growth.

A Growing Portfolio of Brands

Today, IAC encompasses a variety of industry-leading businesses ranging from early-stage startups to well-established entities. This dynamic organization is based in New York City and continues to expand its influence globally, supporting diverse industries, including online listings for services, media, and family care.

Connecting with Angi Inc.

For inquiries or further information, Angi provides direct contact avenues through their investor relations and corporate communications teams. Interested parties can reach out for clarifications about the company’s performance or its strategic goals. A supportive team is in place to address any questions that stakeholders may have.

Frequently Asked Questions

What are the key highlights from Angi Inc.'s quarterly results?

Angi Inc. showcased significant growth in revenue and increased customer engagement, reflecting its strategic direction and commitment to excellent service.

When is the conference call scheduled to discuss the financial results?

The conference call will take place shortly after the earnings release, allowing stakeholders to get insights directly from the executives.

How is Angi Inc. supporting local home service professionals?

Angi offers a platform that connects service providers with homeowners, helping them to grow their customer base through effective marketing and customer management tools.

Can the public access Angi’s financial results?

Yes, Angi Inc.'s financial results are publicly available on their investor relations website for transparency and stakeholder insight.

What is IAC's role in Angi Inc.'s operations?

IAC is the parent company of Angi Inc., guiding its strategic direction and offering support in areas such as growth and acquisitions.

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