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Angie's List (ANGI) Reports In-Line Q2 EPS

July 24, 2013 4:33 PM EDT
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Price: $5.59 +1.82%

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Angie's List (NASDAQ: ANGI) reported Q2 EPS of ($0.25), in-line with the analyst estimate of ($0.25). Revenue for the quarter came in at $59.2 million versus the consensus estimate of $59.23 million.

Angie's List sees FY2013 revenue of $65.5-66.5 million, versus the consensus of $65.4 million.

"We achieved record results in our financial and operating metrics, highlighted by a 40 percent improvement in our operating leverage and continued cash generation," said Chuck Hundt, Interim Chief Financial Officer. "Our second quarter financial results, along with our strong operating metrics, demonstrate that our strategy continues to deliver growth and gives us confidence as we continue to invest in acquiring new members and advertising service providers and develop innovative products."

For earnings history and earnings-related data on Angie's List (ANGI) click here.


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