Angi Inc. Reports Strong Q4 Results and Shareholder Insights

Overview of Angi Inc.'s Recent Performance

Angi Inc. (NASDAQ: ANGI) has made headlines recently with the release of its fourth quarter financial results, showcased alongside a detailed letter from CEO Jeffrey Kip aimed at shareholders. This announcement is part of Angi's commitment to transparency and engagement with its investors. The financial results can be accessed on the investor relations section of Angi's official website, ensuring that stakeholders stay informed about the company's progress and strategic direction.

Upcoming Conference Call Details

In an effort to keep communication open and informative, Angi Inc. along with IAC will host a conference call to dissect both companies’ fourth quarter results. Scheduled for Wednesday morning at 8:30 a.m. ET, this call will feature notable figures including Barry Diller, Chairman and Senior Executive of IAC, and Joey Levin, CEO of IAC and Chairman of Angi Inc. The participation of these industry leaders underscores the importance of this event and offers investors a unique opportunity to gain insights directly from the top.

Accessing the Conference Call

The live audio cast of this conference call will be available to the general public through the investor relations section of Angi’s website. This initiative aims to foster greater transparency, allowing anyone interested in the company's fortunes to tune in and learn more about its performance and future strategies.

An Insight into Angi’s Business Model

Founded in 1995, Angi Inc. caters to homeowners looking to efficiently manage home projects, epitomizing a blend of technology and service that simplifies the process of finding skilled home professionals. Over the decades, Angi has grown its service offerings, empowering users to find, book, and hire home pros while also researching project costs and seeking inspiration. This broad spectrum of services is tailored to meet the diverse needs of over 150 million satisfied customers who have turned to Angi for home maintenance, repairs, and renovations.

Supporting Local Businesses

Angi's impact extends beyond just homeowners; the company is a lifeline for small local businesses too. By connecting these professionals with potential clients, Angi fosters an environment of growth and opportunity, enabling countless local businesses to thrive in their communities. Their efforts underline a commitment not only to customer satisfaction but also to the economic health of neighborhoods.

IAC’s Role in Angi’s Success

IAC (NASDAQ: IAC), Angi Inc.'s parent company, also deserves recognition for its integral support. Positioned as a company builder, IAC has a track record of guiding entities toward enhancing their offerings and reaching new heights. Over two decades, IAC has birthed 11 public companies, fostering innovation and maintaining a portfolio filled with exceptional businesses, including Angi. This relationship reflects a shared vision for growth and innovation in service delivery.

IAC’s Evolution and Strategy

The adaptive nature of IAC is evident in its commitment to financially disciplined opportunistic growth. This ethos ensures that even as the landscape changes, fundamental principles guiding Angi and its peers remain steadfast. IAC's diverse portfolio, which includes prominent brands like Dotdash Meredith and Care.com, illustrates a robust business ecosystem designed for long-term sustainability.

Engaging with Stakeholders

Maintaining strong communication with stakeholders is crucial for Angi Inc. and IAC. The emphasis on investor relations, highlighted by the availability of quarterly earnings and shareholder letters, showcases the companies' dedication to transparency and accountability. This proactive approach nurtures trust with investors and delivers timely information that can influence investment decisions.

Contact for Investor Relations

Stakeholders seeking more information about financial results or wanting to engage further with Angi can do so through its dedicated investor relations contacts:

IAC/Angi Investor Relations:
Mark Schneider
(212) 314-7400

Angi Corporate Communications:
Emily Do
(303) 963-8352

IAC Corporate Communications:
Valerie Combs
(212) 314-7251

Frequently Asked Questions

What recent financial results did Angi Inc. announce?

Angi Inc. has posted its fourth quarter financial results, showcasing its ongoing business developments and growth.

Who will be participating in the upcoming conference call?

The conference call will include Barry Diller, Joey Levin, Jeffrey Kip, and Christopher Halpin, offering insights into the companies’ financial performances.

How can I access the live conference call?

The live audiocast can be accessed through the investor relations section on Angi’s official website.

What services does Angi Inc. provide?

Angi Inc. helps homeowners navigate home projects by connecting them with skilled professionals, providing resources for project planning, and supporting local businesses.

What is IAC's relationship with Angi Inc.?

IAC is the parent company of Angi Inc., providing strategic guidance and support to foster Angi’s growth and innovation within the home services industry.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

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