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Jun 30, 2020
ANGI Homeservices Q2 2020 Earnings Report
ANGI Homeservices' Q2 2020 results were released, showing a revenue of $375 million.
Key Takeaways
ANGI Homeservices reported Q2 2020 revenue of $375 million.
ANGI Homeservices released its second quarter results.
IAC CEO Joey Levin's letter to shareholders includes monthly metrics for ANGI Homeservices through July 2020.
The company recorded an income tax provision of $3.0 million in Q2 2020.
ANGI Homeservices has 20.1 million shares remaining in its stock repurchase authorization.
Forward Guidance
Forward-looking statements involve risks and uncertainties, and actual results could differ materially.
Challenges Ahead
- Impact of COVID-19 outbreak on businesses
- Failure or delay of the home services market to migrate online
- Adverse economic events or trends
- Inability to maintain relationships with quality service professionals
- Inability to market products and services successfully
Historical Earnings Impact
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Avg. Return Before/After Earnings
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