ANGI Homeservices: 4Q Earnings Snapshot

DENVER (AP) _ ANGI Homeservices Inc. (ANGI) on Wednesday reported a loss of $14.5 million in its fourth quarter.

The Denver-based company said it had a loss of 3 cents per share.

The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 3 cents per share.

The provider of a digital marketplace for home services posted revenue of $359.3 million in the period, which topped Street forecasts. Seven analysts surveyed by Zacks expected $357.4 million.

For the year, the company reported a loss of $6.3 million, or 1 cent per share, swinging to a loss in the period. Revenue was reported as $1.47 billion.

ANGI Homeservices shares have climbed 15% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15.14, a climb of 85% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANGI at https://www.zacks.com/ap/ANGI