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ANGI Homeservices: 3Q Earnings Snapshot

November 8, 2018

GOLDEN, Colo. (AP) _ ANGI Homeservices Inc. (ANGI) on Wednesday reported third-quarter net income of $26.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Golden, Colorado-based company said it had profit of 5 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 9 cents per share.

The provider of a digital marketplace for home services posted revenue of $303.1 million in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $296.5 million.

ANGI Homeservices shares have climbed 82 percent since the beginning of the year. The stock has climbed 56 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANGI at https://www.zacks.com/ap/ANGI

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