Angi Q1 Sales $305.390M Beat $297.551M Estimate
Portfolio Pulse from Benzinga Newsdesk
Angi (NASDAQ:ANGI) reported Q1 sales of $305.390M, surpassing the analyst consensus estimate of $297.551M by 2.63%, but marking a 22.18% decrease from the same period last year.
May 07, 2024 | 8:36 pm
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Angi reported Q1 sales of $305.390M, exceeding estimates but showing a significant year-over-year decline.
While Angi's sales exceeded analyst expectations, the significant year-over-year decline could temper investor enthusiasm, leading to a neutral short-term impact on the stock price.
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IMPORTANCE 90
RELEVANCE 100