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Angie's List (ANGI) Misses Q3 EPS by 2c; Guides Q4 Revs Below the Street

October 22, 2014 7:08 AM

Angie's List (NASDAQ: ANGI) reported Q3 EPS of ($0.09), $0.02 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $81.3 million versus the consensus estimate of $81.6 million.

Angie's List sees Q4 2014 revenue of $80-82 million, versus the consensus of $84.15 million.

Gross member additions of approximately 350,000 at an average cost per acquisition of $64.

"We continue to add new members and grow revenue while we transition our business to a marketplace model," said Angie's List CEO Bill Oesterle. "Margins improved significantly as we reduced our marketing spend and improved operating efficiency. While we made strides executing on our marketplace, we see opportunity for further improvement."

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

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