24.10.2013 00:50:13

Angie's List Q3 Loss Narrows; Issues Q4 Revenue Outlook

(RTTNews) - Angie's List, Inc. (ANGI) Wednesday said third-quarter loss narrowed to $13.5 million or $0.23 per share from $18.5 million or $0.32 per share in the comparable quarter last year.

On average, 21 analysts polled by Thomson Reuters expected the company to report a loss of $0.20 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $65.50 million, up 56 percent from $42.02 million last year, while twenty analysts expected revenues of $66.05 million.

Looking ahead to the fourth quarter, the company has forecast revenues in the range of $68.0 million to $69.0 million. Analysts currently expect fourth quarter revenues of $70.42 million.

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