DENVER (AP) — DENVER (AP) — Angi Inc. (ANGI) on Tuesday reported first-quarter net income of $15.1 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Denver-based company said it had profit of 30 cents.
The provider of a digital marketplace for home services posted revenue of $245.9 million in the period.
Angi shares have dropped 32% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.25, a fall of 56% in the last 12 months.
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