Angie’s List Earnings Miss Sparks Analyst Downgrades

By | July 24, 2014

Scalper1 News

Angie’s List (ANGI) fell to an all-time low Thursday after the company’s Q2 earnings and sales released late Wednesday missed expectations, sparking at least seven analyst downgrades. Angie’s List stock was down 18% in afternoon trading in the stock market today, near 8. Angie’s List reported a Q2 loss of $18.4 million, or 31 cents per share, vs. a 25-cent loss in the year-earlier quarter. The company said marketing expenses rose 28%, to $36 Scalper1 News

Scalper1 News