Angie's List (ANGI) Tops Q2 EPS by 12c, Sales Miss

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Angie's List Reports Second Quarter 2016 Results

July 27, 2016 7:30 AM EDT

New member additions ramping following removal of ratings and reviews paywall and launch of new freemium tiers; results surpass strong metrics seen in pilot tests Net income of $4.8 million for the second quarter of 2016 as compared to a net loss of $8.3 million for the second quarter of 2015 Adjusted EBITDA1 of $13.4 million for the second quarter of 2016 as compared to an adjusted EBITDA1 loss of $3.5 million for the second quarter of 2015 Revenue of $83.1 million for the second quarter of 2016 as compared to $87.3 million for the second quarter... More