angie's list inc (ANGI) Key Developments
Angie's List, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
Apr 22 15
Angie's List, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $83,543,000 compared to $72,657,000 a year ago. Operating income was $5,282,000 compared to operating loss of $3,307,000 a year ago. Income before income taxes was $4,370,000 compared to loss before income taxes of $3,768,000 a year ago. Net income was $4,360,000 or $0.07 per basic and diluted share compared to net loss of $3,783,000 or $0.06 per basic and diluted share a year ago. Adjusted EBITDA was $8,648,000 compared to adjusted LBITDA of $554,000 a year ago. Net cash provided by operating activities was $21,246,000 compared to $14,945,000 a year ago. Investment in property, equipment and software was $1,116,000 compared to $2,257,000 a year ago. Capitalized website and software development costs was $6,754,000 compared to $3,953,000 a year ago. Investment in intangible assets was $93,000 compared to $390,000 a year ago.
Angie's List, Inc. Presents at 16th Annual B. Riley & Co. Investor Conference, May-13-2015 09:30 AM
Apr 21 15
Angie's List, Inc. Presents at 16th Annual B. Riley & Co. Investor Conference, May-13-2015 09:30 AM. Venue: Loews Hollywood Hotel, Los Angeles, California, United States. Speakers: Thomas R. Fox, Chief Financial Officer.
William S. Oesterle Plans to Step Down from Angie's List as Chief Executive Officer and Member of the Board of Directors
Apr 15 15
Angie's List announced that William S. Oesterle plans to step down as Chief Executive Officer and member of the Board of Directors. Mr. Oesterle has agreed to remain in his current role as CEO until a successor is appointed, and he will serve on the Board of Directors at least through the remainder of his current term. Mr. Oesterle, co-founder of the Company, has served as Chief Executive Officer since January 1999 and on the Board since the inception of Angie's List in June 1995. After 20 years with the Company overseeing significant growth and market expansion, Mr. Oesterle has shared his intention to pursue other interests, including becoming more civically involved in the State of Indiana.
Angie's List Confirms Earnings Guidance for the Full Year of 2015
Apr 15 15
Angie's List confirmed a previously announced 2015 sales guidance of $357 million to $363 million. Angie's List also boosted its 2015 adjusted EBITDA guidance to $30 million - $32 million from a previous outlook of $28 million to $30 million, due primarily to efficiencies in operating expenses.
Angie's List, Inc. to Report Q1, 2015 Results on Apr 22, 2015
Apr 2 15
Angie's List, Inc. announced that they will report Q1, 2015 results at 9:00 AM, Eastern Standard Time on Apr 22, 2015