24.07.2013 22:52:21

Angie's List Q2 Loss Narrows - Quick Facts

(RTTNews) - Angie's List, Inc. (ANGI) Wednesday said second-quarter loss narrowed to $14.33 million or $0.25 per share from $23.39 million or $0.41 per share in the comparable quarter last year.

On average, 18 analysts polled by Thomson Reuters expected the company to report a loss of $0.25 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $59.2 million, up 62 percent from $36.5 million last year. Analysts expected revenues of $59.23 million.

Operating expenses increased to $73.07 million from $59.43 million last year. Looking ahead to the third quarter, the company has forecast revenues in the range of $65.5 million to $66.5 million. Analysts currently expect third-quarter revenues of $65.40 million.

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