Angie's List (ANGI) Tops Q1 EPS by 7c
Angie's List (NASDAQ: ANGI) reported Q1 EPS of $0.07, $0.07 better than the analyst estimate of $0.00. Revenue for the quarter came in at $83.54 million versus the consensus estimate of $84.8 million.
Key Operating Metrics
Three months ended | 3/31/15 | 3/31/14 | Change | |||||||||
| Total paid memberships (end of period) | 3,103,367 | 2,628,704 | 18 | % | ||||||||
| Gross paid memberships added (in period) | 229,987 | 286,626 | (20) | % | ||||||||
| Marketing cost per paid membership acquisition (in period) | $ | 71 | $ | 82 | (13) | % | ||||||
| First-year membership renewal rate (in period) | 71 | % | 73 | % | (2) pts | |||||||
| Average membership renewal rate (in period) | 75 | % | 76 | % | (1) pts | |||||||
| Participating service providers (end of period)* | 54,341 | 51,522 | 5 | % | ||||||||
| Total service provider contract value (end of period, in thousands) | $ | 263,349 | $ | 211,635 | 24 | % | ||||||
* We include in participating service providers the total number of service providers under contract for advertising, e-commerce or both at the end of the period.
Angie's List sees FY2015 revenue of $357-363 million, versus the consensus of $359.6 million.
For earnings history and earnings-related data on Angie's List (ANGI) click here.