Angie’s List Stock Gets Unexpected Boost After Reporting Q1 Profit

After years of being in the red, Angie’s List (ANGI) is finally showing a profit, reporting $4.4 million in net income for the first
After years of being in the red, Angie's List (ANGI) is finally showing a profit, reporting $4.4 million in net income for the first quarter of 2015. This is a big improvement over recent year-end losses: Year Net Loss (rounded to nearest million) 2012 $53 million 2013 $33 million 2014 $12 million Comparing year-over-year, Angie's List reported a $3.8 million loss for the first quarter of 2014. Coupled with decreasing losses since FYE 2012, could this signal a positive trend for the Indiana-based company? Wall…...

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