Angie's List (ANGI) Tops Q3 EPS by 5c; Trims FY15 adj.-EBITDA Outlook
Angie's List (NASDAQ: ANGI) reported Q3 EPS of $0.00, $0.05 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $87 million versus the consensus estimate of $89.65 million.
Guidance:
For 2015, Angie's List has updated its full year guidance for revenue and adjusted EBITDA. The Company now expects full year revenue for 2015 of $344 million to $348 million, an adjustment from our previous revenue guidance range of $357 million to $363 million.
The Company expects adjusted EBITDA to be in the range of $27 million to $30 million for full year 2015, an adjustment from prior guidance of $30 million to $32 million resulting from lower expected revenue, one-time expenses associated with the search, identification and hiring of the Company's new President and Chief Executive Officer as well as professional services fees related to activist activity in the Company's stock.
For earnings history and earnings-related data on Angie's List (ANGI) click here.
