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4-Traders Homepage  >  Equities  >  Nasdaq  >  Angie's List Inc    ANGI

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Angie List : Angies List Again Named One of the Fastest-Growing Companies in North America on Deloittes 2016 Technology Fast 500

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11/22/2016 | 01:52pm CET

-Angie`s List (Nasdaq: ANGI) is one of only three Indiana companies ranked today on Deloittes Technologys Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America.

Angies List, Cloud One and T2 Systems were included in the national list. Angies List has ranked on the Deloitte Fast 500 list for the past four years.

"We are pleased to be selected once again by Deloitte at this exciting time in the evolution of Angies List, said the companys Chief Financial Officer, Tom Fox. Our focus is on elevating the local service experience, and our inclusion as one of the 2016 Technology Fast 500 is a testament that our hard work is being recognized.

To be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company`s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible, said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls.

This years Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead, added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors.

Overall, 2016 Technology Fast 500 companies achieved revenue growth ranging from 121 percent to 66,661 percent from 2012 to 2015, with median growth of 290 percent.

(c) 2016 Emirates News Agency (WAM) Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2016 330 M
EBIT 2016 -3,43 M
Net income 2016 -11,5 M
Debt 2016 -
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 3 292,00
Capi. / Sales 2016 1,47x
Capi. / Sales 2017 1,50x
Capitalization 487 M
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Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 10,2 $
Spread / Average Target 24%
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Scott Durchslag President, CEO & Class I Director
Thomas R. Evans Chairman
J. Mark Howell Chief Operating Officer
Thomas R. Fox Chief Financial Officer
Darin Brown Chief Technology Officer
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