Angie's List (ANGI) Tops Q1 EPS by 7c

Angie's List Reports First Quarter 2015 Results

Gross member additions of 229,987 with an average cost per acquisition of $71 Revenue of $83.5 million Adjusted EBITDA of $8.6 million; operating income of $5.3 million Earnings per share of $0.07

INDIANAPOLIS--(BUSINESS WIRE)-- Angies List, Inc. (NASDAQ: ANGI) announced today financial results for the quarter ended March 31, 2015.

We had a positive start to the year," said Angie's List CEO Bill Oesterle. "We strengthened the foundation of our marketplace by adding inventory and growing gross merchandise value. Further, we improved our efficiency with respect to membership acquisition, enhanced service provider sales efficiency and delivered leverage in key expense line items."

Key Operating Metrics

Angie's List Announces Exclusive Relationship with Shaw Industries

INDIANAPOLIS--(BUSINESS WIRE)-- Angies List (Nasdaq: ANGI) today announced an exclusive relationship with Shaw Industries, the worlds largest carpet manufacturer, that will provide Angies List members with exclusive product offers from Shaw.

We continue to seek out relationships with the very best manufacturers in the home improvement industry as a way to deliver increased value to our members, said Pat Brady, president of Marketplace for Angies List. Shaw is a world leader in flooring, and we are proud to be able to offer Shaw products exclusively to our members.

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